Excellent Retail investment opportunity in the heart of downtown Vallejo! (Retail not Industrial) This 4,269 SF retail building at 531-537 Georgia St features 3 fully leased retail/street-retail units at 100% occupancy, offering immediate, stable income with upside potential. Built in 1930 and renovated in 2023, the property has been well maintained with a newer roof (~5 years old), upgraded electrical capacity coordinated with PG&E (including new exterior panels), new gutters, and fresh exterior paint. Unit 537 features additional upgrades including new split HVAC, new flooring, and a new electrical subpanel. Zoned DMX (Downtown Mixed Use), the 6,500 SF lot offers off-street parking in the rear plus ample on-street parking. Located just half a block from Old Town Vallejo and moments from the Vallejo Farmers Market, Empress Theatre, and the Georgia Street retail corridor - an ideal opportunity for a Retail/Street Retail investor. Current cap rate 6.72%, pro forma 6.88%. Buyer to verify all measurements, income, and expenses.
Details
MLS #
41147475
Listing Type
For Sale
Sub-Type
Resale
Status
Active
Year
1930
Listing Provided By
BCRE | Brian Baniqued
Features
Zoning
DMX
Acreage
0.15
Interior
Heating Yes / No
Yes
Cooling Yes / No
Yes
Exterior
Roof
Shingle
Construction Materials
Stucco
Taxes
Property
9291
Area Information
State
CA
County
Solano
City
Vallejo
Zip Code
94590
Listing VS Median (in 94590)
Price: $829,999
low | high
Med: $479,950
92.174629126059% of Average
Market Activity 94590
Date
Sales
Avg $ Per SqFt
Min Sale Price
Max Sale Price
Med Sale Price
Date: Aug 2026
Sales: 1
Avg $ Per SqFt: $384.62
Min Sale Price: $360,000
Max Sale Price: $360,000
Med Sale Price: $360,000
Date: Jul 2026
Sales: 4
Avg $ Per SqFt: $373.15
Min Sale Price: $189,000
Max Sale Price: $393,000
Med Sale Price: $295,000
Date: Jun 2026
Sales: 4
Avg $ Per SqFt: $438.34
Min Sale Price: $280,000
Max Sale Price: $625,000
Med Sale Price: $427,500
Date: May 2026
Sales: 4
Avg $ Per SqFt: $402.99
Min Sale Price: $350,000
Max Sale Price: $541,500
Med Sale Price: $533,000
Date: Apr 2026
Sales: 9
Avg $ Per SqFt: $454.93
Min Sale Price: $365,000
Max Sale Price: $610,000
Med Sale Price: $510,000
Date: Mar 2026
Sales: 10
Avg $ Per SqFt: $394.54
Min Sale Price: $199,000
Max Sale Price: $680,000
Med Sale Price: $452,500
Date: Feb 2026
Sales: 4
Avg $ Per SqFt: $344.72
Min Sale Price: $177,000
Max Sale Price: $855,000
Med Sale Price: $490,000
Date: Jan 2026
Sales: 5
Avg $ Per SqFt: $412.65
Min Sale Price: $373,000
Max Sale Price: $700,000
Med Sale Price: $412,000
Date: Dec 2025
Sales: 1
Avg $ Per SqFt: $461.96
Min Sale Price: $340,000
Max Sale Price: $340,000
Med Sale Price: $340,000
Date: Nov 2025
Sales: 3
Avg $ Per SqFt: $315.11
Min Sale Price: $274,900
Max Sale Price: $479,900
Med Sale Price: $419,000
Date: Oct 2025
Sales: 1
Avg $ Per SqFt: $280.21
Min Sale Price: $575,000
Max Sale Price: $575,000
Med Sale Price: $575,000
Sourced by Back At You
Aug 2026
Sales:
1
Avg $ Per SqFt:
$384.62
Min Sale Price:
$360,000
Max Sale Price:
$360,000
Med Sale Price:
$360,000
Jul 2026
Sales:
4
Avg $ Per SqFt:
$373.15
Min Sale Price:
$189,000
Max Sale Price:
$393,000
Med Sale Price:
$295,000
Jun 2026
Sales:
4
Avg $ Per SqFt:
$438.34
Min Sale Price:
$280,000
Max Sale Price:
$625,000
Med Sale Price:
$427,500
May 2026
Sales:
4
Avg $ Per SqFt:
$402.99
Min Sale Price:
$350,000
Max Sale Price:
$541,500
Med Sale Price:
$533,000
Apr 2026
Sales:
9
Avg $ Per SqFt:
$454.93
Min Sale Price:
$365,000
Max Sale Price:
$610,000
Med Sale Price:
$510,000
Mar 2026
Sales:
10
Avg $ Per SqFt:
$394.54
Min Sale Price:
$199,000
Max Sale Price:
$680,000
Med Sale Price:
$452,500
Feb 2026
Sales:
4
Avg $ Per SqFt:
$344.72
Min Sale Price:
$177,000
Max Sale Price:
$855,000
Med Sale Price:
$490,000
Jan 2026
Sales:
5
Avg $ Per SqFt:
$412.65
Min Sale Price:
$373,000
Max Sale Price:
$700,000
Med Sale Price:
$412,000
Dec 2025
Sales:
1
Avg $ Per SqFt:
$461.96
Min Sale Price:
$340,000
Max Sale Price:
$340,000
Med Sale Price:
$340,000
Nov 2025
Sales:
3
Avg $ Per SqFt:
$315.11
Min Sale Price:
$274,900
Max Sale Price:
$479,900
Med Sale Price:
$419,000
Oct 2025
Sales:
1
Avg $ Per SqFt:
$280.21
Min Sale Price:
$575,000
Max Sale Price:
$575,000
Med Sale Price:
$575,000
MLS#: 41147475 Listed By: Brian Baniqued - BCRE - 5102220900-
Request a showing
Request a showing
MLS Internet Data Exchange (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, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.
MLS#: 41147475 Listed By: Brian Baniqued - BCRE - 5102220900-
New Listing
