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1518-1530 Sonoma Blvd 5,973 SF 100% Leased Retail Building Vallejo, CA 94590 $2,033,936 CAD ($340.52 CAD/SF) 7.11% Cap Rate



Investment Highlights
- Situated in Downtown Vallejo's Heritage District.
Executive Summary
1518–1530 Sonoma Boulevard presents a compelling investment opportunity in the heart of Downtown Vallejo's Heritage District. This multi-tenant retail property is strategically positioned along the highly visible Highway 29 corridor, benefiting from strong vehicle exposure, pedestrian activity, and convenient access to the city's commercial core. Originally constructed in 1926, the property combines historic character with functional retail space, making it attractive to a variety of retail, restaurant, and service-oriented tenants. The asset is fully leased and offers in-place income, creating an opportunity for investors seeking cash flow in a well-established urban location.
The property is situated within an Economic Development Zone and Opportunity Zone, providing potential incentives and long-term value enhancement opportunities. Located just blocks from the Solano Transit Terminal, the Vallejo Ferry Terminal, and the planned South Vallejo Waterfront development, the site is positioned to benefit from ongoing revitalization efforts and future residential growth in the surrounding area. With its prominent frontage, multi-tenant configuration, and location within one of Vallejo's key commercial corridors, 1518–1530 Sonoma Boulevard offers a unique combination of current income, visibility, and future upside potential.
The property is situated within an Economic Development Zone and Opportunity Zone, providing potential incentives and long-term value enhancement opportunities. Located just blocks from the Solano Transit Terminal, the Vallejo Ferry Terminal, and the planned South Vallejo Waterfront development, the site is positioned to benefit from ongoing revitalization efforts and future residential growth in the surrounding area. With its prominent frontage, multi-tenant configuration, and location within one of Vallejo's key commercial corridors, 1518–1530 Sonoma Boulevard offers a unique combination of current income, visibility, and future upside potential.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
5,973 SF
Building Class
C
Year Built
1938
Price
$2,033,936 CAD
Price Per SF
$340.52 CAD
Cap Rate
7.11%
NOI
$144,573 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.86
Lot Size
0.16 AC
Opportunity Zone
Yes
Zoning
DMX - Downtown mixed use
Parking
4 Spaces (0.67 Spaces per 1,000 SF Leased)
Frontage
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0056-225-010 | Improvements Assessment | $563,593 CAD |
| Land Assessment | $241,536 CAD | Total Assessment | $805,129 CAD |
Property Taxes
Parcel Number
0056-225-010
Land Assessment
$241,536 CAD
Improvements Assessment
$563,593 CAD
Total Assessment
$805,129 CAD
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1518-1530 Sonoma Blvd
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