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Key Details
Sold Price $1,400,000
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 324085393
Sold Date 12/04/24
HOA Y/N No
Originating Board BAREIS MLS
Year Built 1974
Lot Size 0.540 Acres
Acres 0.5402
Property Description
This industrial property on Sonoma Blvd in Vallejo offers an opportunity for investors or owner-users seeking a value-add asset in a growing market. Five Specialty Automotive Units located on prime Sonoma Blvd in Vallejo. Former tenants: a smog shop, auto repair, auto-body, and car paint shop. Following a fire in 2023 at 22 California St, the electrical panel at 3424 Sonoma was damaged, leading to tenants removal. Now sold at a discount, as-is, buyers can modernize the facility to meet current standards and benefit from top market rents. Situated in a revitalized area with strong economic development and e-commerce-resistant businesses, the property enjoys high visibility on a major thoroughfare and access to over 151,000 residents within a 5-mile radius. With potential for future rent growth, short-term seller financing options, and flexibility to attract diverse industrial or automotive tenants, this property is well-positioned for a profitable turnaround and long-term appreciation.
Location
State CA
County Solano
Area Vallejo 4
Direction I-80 West to San Francisco. Exit 32, Redwood St. Right .2 miles. Left 1.2 miles. 250 ft turn right. 150 ft turn left. 250 ft. arrive on 3424 Sonoma Blvd, Vallejo
Location Details Shopping Nearby,Restaurant Nearby,Public Transportation Nearby,Industrial Area,Freeway Nearby
Interior
Heating Varies by Unit
Cooling Varies by Unit
Flooring Varies by Unit, Tile, Linoleum, Concrete Slab
Exterior
Parking Features Secured, Private
Water Access Desc Public
Roof Type Flat
Topography Level
Road Frontage City Street
Building
Lot Description Sidewalk/Curb/Gutter
Story 1
Foundation Concrete
Sewer Public Sewer
Water Public
Others
Senior Community No
Tax ID 0053-152-290
Special Listing Condition Offer As Is
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Adrian Castillo
Principal/Realtor | CA DRE#01308935
Principal/Realtor CA DRE#01308935