707-727 Broadway Street

    Vallejo, CA 94590
    • $2,500,000
    • STATUS: Active
    • ON SITE: 10 days
    • MLS #: 479926
    UPDATED: 229 min ago
    $2,500,000
    • 0
      BEDS
    • 0.26
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 10,000
      SQFT
    • $250
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1942
    County:
    Area:

    School Ratings & Info

    Description

    Berkshire Hathaway is pleased to present 707-727 Broadway, Vallejo. A mixed-use building siting on 3 parcels. It's Currently, mixed-use with, 10 residential units and 9 commercial. Residential consists of 10 SRO's leased on short-term leases; the commercial is a mix of retail and office space. This is great for an owner user, investor or developer. Zoned CL, this gives the owner the potential to build up to 35 feet, with the opportunity to develop 15 residential units. With ample parking and the potential to go from lot line to lot line the development opportunities are endless. Currently running at 4.61% cap with a Pro-forma of 10.5% Cap rate, this investment has lots of upside. There is great street frontage on Broadway with ample parking.

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    © 2019 San Francisco Association of REALTORS® Multiple Listing Service. All rights reserved. Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS®, but is not warranted. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams San Francisco. Data last updated 2019-01-20T00:19:50.32.
    www.sfhothomes.com/homes/90731018

    707-727 Broadway Street Vallejo, CA 94590

    • Price: $2,500,000
    • Status: Active
    • Updated: 229 min ago
    • MLS #: 479926
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.26
    Acres
    10,000
    SQFT
    $250
    $/SQFT
    1942
    Built
    Neighborhood:
    Vallejo
    County:
    Solano
    Area:
    Vallejo
    Property Description
    Berkshire Hathaway is pleased to present 707-727 Broadway, Vallejo. A mixed-use building siting on 3 parcels. It's Currently, mixed-use with, 10 residential units and 9 commercial. Residential consists of 10 SRO's leased on short-term leases; the commercial is a mix of retail and office space. This is great for an owner user, investor or developer. Zoned CL, this gives the owner the potential to build up to 35 feet, with the opportunity to develop 15 residential units. With ample parking and the potential to go from lot line to lot line the development opportunities are endless. Currently running at 4.61% cap with a Pro-forma of 10.5% Cap rate, this investment has lots of upside. There is great street frontage on Broadway with ample parking.
    Exterior Features

    Exterior Stucco Indep Parking Spaces 0 Lot Measurement Sqft Lot Square Footage 11325.00 Parking Uncovered Parking Spaces 20 Style Contemporary Tandem Parking Spaces 0

    Interior Features

    Commercial Units 9 Furnished Units 0 One Bedroom Units 5 Possible Bedrooms 0 Rooms 25 Studio Units 5 Three Plus Bedroom Units 0 Two Bedroom Units 0 Vacant 17

    Property Features

    Actual Or Scheduled Actual Cross Street Address Nebraska District Solano County Est Gross Income 167700 Est Total Expenses 52374.00 Possession Close Of Escrow Property Subtype Mixed Use Scope Of Service Full Service Special Listing Conditions None Square Footage Source Per Tax Records Unconfirmed Coop Fee 0.00

    Listing provided courtesy of Christopher Flood of Berkshire Hathaway Drysdale Propterties.


    © 2019 San Francisco Association of REALTORS® Multiple Listing Service. All rights reserved. Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS®, but is not warranted. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams San Francisco. Data last updated 2019-01-20T00:19:50.32.
     
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