Exceptional Mixed-Use Investment Opportunity in Downtown Vallejo

Welcome to 539 Georgia Street, a fully renovated mixed-use property offering an outstanding opportunity for investors or owner-users seeking strong income potential in the heart of Downtown Vallejo. This property has undergone an extensive, fully permitted reconstruction including a new foundation, plumbing, electrical wiring, HVAC systems, sheetrock, flooring, cabinetry, and kitchens, providing peace of mind for years to come.

The property features five total units, including two commercial storefronts and three residential apartments. One commercial space is currently occupied by a long-term photographer, while the second storefront is vacant and ready for a new tenant, making it ideal for professional office, retail, or service-oriented businesses.

The residential component includes three spacious units, with one beautifully completed and ready for immediate occupancy after being converted from a one-bedroom plus den into a desirable two-bedroom layout. The remaining residential units are nearing completion, presenting an opportunity for a new owner to add the finishing touches and maximize rental income. Residential rents are projected at approximately $2,195 per month per unit, with water and garbage included, while the vacant commercial space is projected to rent for approximately $1,800 per month.

A standout feature is the expansive top-floor residence, offering approximately twice the living space of the lower level with two bedrooms, a den, one bathroom, and the potential for water views, with projected rental income of $2,500–$3,000 per month. The unfinished attic also offers exciting upside with the potential to create an additional one-bedroom plus den residence with water views, creating even greater future income potential (buyer to verify with the City of Vallejo).

Additional property highlights include:

• Secure gated parking lot accommodating approximately 8 vehicles
• Storage area beneath the stairs for landscaping equipment and maintenance tools
• Separate utility configuration with one shared water meter for the residential units and individual water meters for each commercial space
• Potential space for an Accessory Dwelling Unit (ADU), subject to City approval
• Fully permitted reconstruction completed by licensed tradespeople and professional architectural plans

Once fully leased, the property is projected to generate approximately $11,000 to $13,000 per month (approximately $144,000 annually) in gross rental income, making this an exceptional value-add investment with significant upside.

Conveniently located near Downtown Vallejo's restaurants, shops, ferry terminal, and major commuter routes, this turnkey mixed-use asset offers a rare combination of modern infrastructure, stable income potential, and future development opportunities

📲 Call/Text Leticia Perez 707-805-8307 [email protected]