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$829,999 Just Listed
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Property Description
Excellent Retail investment opportunity in the heart of downtown Vallejo! (Retail not Industrial) This 4,269 SF retail building at 531-537 Georgia St features 3 fully leased retail/street-retail units at 100% occupancy, offering immediate, stable income with upside potential. Built in 1930 and renovated in 2023, the property has been well maintained with a newer roof (~5 years old), upgraded electrical capacity coordinated with PG&E (including new exterior panels), new gutters, and fresh exterior paint. Unit 537 features additional upgrades including new split HVAC, new flooring, and a new electrical subpanel. Zoned DMX (Downtown Mixed Use), the 6,500 SF lot offers off-street parking in the rear plus ample on-street parking. Located just half a block from Old Town Vallejo and moments from the Vallejo Farmers Market, Empress Theatre, and the Georgia Street retail corridor - an ideal opportunity for a Retail/Street Retail investor. Current cap rate 6.72%, pro forma 6.88%. Buyer to verify all measurements, income, and expenses.
Full Property Details
Full Property Details for 531 Georgia St
General
- Price: $829,999
- Status: Active
- Type: Commercial
- Source: MAX
- MLS ID: 41147475
- Updated: 9/8/2026
- Added to Site: 4 day(s) ago
Parking
- Parking Features: On Street
Location
- Area: Listing
- County: Solano
- Subdivision: Old Town
- Driving Directions: 4, 269 SF retail bldg, 3 units, 100% occ, DMX zoning. Renovated 2023. Vallejo..
Heating & Cooling
- Cooling Type: Heat Pump
Structural Information
- Exterior Const.: Stucco
- Roof: Composition Shingles
- Year Built: 1930
Lot Features
- Lot Size (Acres): 0.15
- Lot Dimensions: 6534
- Lot Features: See Remarks
Financial Considerations
- Price Per Sq. Ft.: $194
- Terms: Call Listing Agent
Disclosures and Reports
- Property ID: 56196050
Listed by Bcre, Brian Baniqued
Get Pre-Approved Today
Schools
Schools serving 531 Georgia St
School District:Vallejo City Unified School District
| Name | Grades | Distance |
|---|---|---|
Lincoln Elementary School, Vallejo, CA 620 Carolina Street, Vallejo, CA 94590 | K-5 | 0.2 mi |
Franklin Middle School 501 Starr Avenue, Vallejo, CA 94590 | 6-8 | 1.2 mi |
Vallejo High School 840 Nebraska Street, Vallejo, CA 94590 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 531 Georgia St
Date
Details
Price
Change
Source
9/08/2026
Listed
$829,999
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 531 Georgia St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,168
258%
$689,784
2%
2024
$2,839
-31%
$676,260
906%
2023
$4,108
—
$67,192
2%
2023
$4,108
10%
$65,876
2%
2022
$3,739
-2%
$64,585
2%
2021
$3,810
7%
$63,320
1%
2020
$3,550
2%
$62,671
2%
2019
$3,488
-7%
$61,443
2%
2018
$3,733
54%
$60,239
2%
2017
$2,426
50%
$59,058
2%
2016
$1,613
—
$57,901
2%
2015
$1,605
10%
$57,032
2%
2014
$1,459
—
$55,916
—
2013
$1,464
—
$55,664
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 531 Georgia St
531 Georgia Str, Vallejo, CA 94590 (MLS# 41147475) is a Commercial property. 531 Georgia Str is currently listed for $829,999 and was received on September 08, 2026. Want to learn more about 531 Georgia Str? Do you have questions about finding other Commercial real estate for sale in Vallejo? You can browse all Vallejo real estate or contact a Coldwell Banker agent to request more information.

