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INVESTMENT HIGHLIGHTS

  • Heavy Daytime and weekend foot traffic
  • Rare outdoor space for Downtown Vacaville
  • Attractive zoning with development opportunities

EXECUTIVE SUMMARY

Single story commercial building with excellent pedestrian traffic in Downtown Vacaville on an expansive almost third acre lot. Rare opportunity to own in the Downtown Vacaville Parking District and take advantage of the generous FAR allowances and exemption from required parking. Partially covered parking lot could be developed into precious indoor or outdoor space. Building contains 2 bathrooms a non-commercial kitchen/break room. Currently retail, but excellent location for restaurant/bar. Zoning allows for mixed used w/ residential as well. Current owner/occupant will vacate by COE. Cap rate estimated at 5.4% if fully leased.

 

PROPERTY FACTS

Sale Type                Investment or Owner User
Property Type       Retail
Property Subtype Freestanding
Building Size          3,800 SF
Building Class        B
Year Built/Reno    1962 / 1971
Price                        $1,198,800
Price Per SF            $315
Tenancy                  Single
Building Height     1 Story
Building FAR           0.29
Land Acres              0.30 AC
Zoning  Commercial Downtown – Inside parking district where FAR is as high as 3.0. New general plan encourages restaurants and higher traffic uses. Mixed use allowed
Parking  15 Spaces (3.95 Spaces per 1,000 SF Leased)
Frontage                 50 FT on Merchant Street
Opportunity Zone No

 

AMENITIES

  • Pylon Sign
  • Tenant Controlled HVAC
  • WALK SCORE ® Very Walkable (81)

PROPERTY TAXES

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Listed by:

McGuire Capital Group Realty

548 Main Street, Vacaville, CA 95688
DRE#01902240 | NMLS#899662