x
Showing 1 of 0
X
Save

1109 Maple Avenue
Vallejo CA 94591 US

$1,445,000

Active Listing ID 485154
built icon
Built in 1950
lot icon
Lot: 24,836.00 squareFoot
home icon
Other

$1,445,000

Active Listing ID 485154
Save

1109 Maple Avenue Vallejo 4 units commercial building with approx. 8, 613 square foot rent-able area and nearly 25, 000 square foot lot with 27 parking spaces. Unit 1109, the restaurant has been there for over 28 years and renewed the lease to June 2021. The other 3 vacant units can be owner use or rent out for office, services, light distribution, medical office, food and beverage retail sales, fast food, etc. For the units 1111 & 1113 owner has approved plan as fast food retail sales. Roof and parking lot replaced in 2014. Sell @$165/sqft, where you can find in the bay area? The 3 vacant units are currently in negotiation for leasing with one tenant at @$5, 300 per month rent for 5 years. And also available for rent @$1.35 per sqft per month. Or owners also have option for rent back with a NNN lease for 5 years @ 6.5% cap rate and credit the 5 years rent up front at closing of escrow. The total 5 years rent will be about $373k. If buyers take the vacancies, seller willing drop price to $1.35 M. Hurry!

Collapse all

Property Features

  • Facts
  • Built in: 1950
  • Lot Size: 24,836.00 acre
  • Property Type: Commercial
  • Property Sub-type: Other
  • Features
  • Roof Type: Unknown
Listing Changed: 8/13/2019 6:52:24 PM GMT
Source Updated Date: 8/19/2019 6:30:04 AM GMT

Courtesy of: Cecilia Mu, Century 21 Realty Alliance Fine Homes and Estates

Listing Source - ListHub

Copyright © 2019 San Francisco Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.