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Executive Summary
Downtown Vallejo single story building with partial basement storage area. Was GallenKamp shoe store and theatre before that. Currently leased as event space. This incredibly charming building is ready for the strength and vision of a new owner. Current event tenant has a great deal of storage material. Brick building that is on City unreinforced masonry list. Being sold as is and buyers should fully investigate. Current event location business is tenants please call for lease details. Property shown on appointment only with reasonable notice.
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$57,514
|
$8.85
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$57,514
|
$8.85
|
| Taxes |
$10,109
|
$1.56
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$10,109
|
$1.56
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $57,514 |
| Annual Per SF | $8.85 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $57,514 |
| Annual Per SF | $8.85 |
| Taxes (CAD) | |
|---|---|
| Annual | $10,109 |
| Annual Per SF | $1.56 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $10,109 |
| Annual Per SF | $1.56 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
6,500 SF
Building Class
C
Year Built
1940
Price
$553,910 CAD
Price Per SF
$85.22 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.99
Lot Size
0.15 AC
Opportunity Zone
Yes
Zoning
Downtown mixed use - Arts and entertainment district.
Parking
4 Spaces (0.62 Spaces per 1,000 SF Leased)
Frontage
50’ on Georgia St
Walk Score®
Very Walkable (89)
Nearby Major Retailers
Property Taxes
| Parcel Number | 0056-192-040 | Total Assessment | $515,650 CAD |
| Land Assessment | $161,235 CAD | Annual Taxes | $10,109 CAD ($1.56 CAD/SF) |
| Improvements Assessment | $354,415 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
0056-192-040
Land Assessment
$161,235 CAD
Improvements Assessment
$354,415 CAD
Total Assessment
$515,650 CAD
Annual Taxes
$10,109 CAD ($1.56 CAD/SF)
Tax Year
2025
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331 Georgia St
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