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627-639 1st St
Benicia, CA 94510
110 & 120 G St · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 1st Floor Commercial Spaces
- Single-Family house
- 2nd Floor Residential Apartments
- Development potential
EXECUTIVE SUMMARY
Own a piece of Benicia's history. Unique property that includes 5 commercial suites, 4 apartments, 1 house (3bed/3 bath) and one house that needs major renovations, if not a total rebuild. Property sits right across the street from California's old Capital building and in the middle of the popular 1st Street retail area. Lots of potential with this property including both rent review for market adjustments, development of unused land and single-family residential home, all one parcel. Marketing documents to follow.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
7,500 SF
Building Class
C
Year Built
1890
Price
$2,500,000
Price Per SF
$333.33
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.55
Lot Size
0.31 AC
Parking
4 Spaces (0.53 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 0089-115-120 | Improvements Assessment | $451,456 |
| Land Assessment | $238,732 | Total Assessment | $690,188 |
PROPERTY TAXES
Parcel Number
0089-115-120
Land Assessment
$238,732
Improvements Assessment
$451,456
Total Assessment
$690,188
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