MLS® ID: 40866477
1109 Maple Ave
VALLEJO, California, 94591 $1,445,000
Vallejo, an up coming city, 4 units commercial building with approx. 8,613 square foot rent-able area and nearly 25,000 square foot lot with 27 parking spaces. Unit 1109, the restaurant has been there for over 28 years and renewed the lease to June 2021. The other 3 units can be owner use or rent out for office, services, light distribution, medical office, food and beverage retail sales, fast food, etc. For the units 1111 & 1113 owner has approved plan as fast food retail sales. Roof and parking lot replaced in 2014. Sell @$168/sqft, where you can find in the bay area? The 3 units are currently in negotiation for leasing with one tenant at @$5,300 per month rent for 5 years. And also available for rent @$1.35 per sqft per month. Or owners also have option for rent back for 3 years and credit the 3 years rent up front at closing of escrow. Motivated sellers! Hurry! Do Not let the opportunity pass!