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Available For Sale - Land

2,356 SF | Show Pricing $

AVAILABILITY DETAILS

Size
2,356 SF
Price/SF
Show Pricing $
Listing ID
SA446691
Notes
Mixed-Use Development Opportunity in downtown Benicia on First Street! City Historical Design Approved!

A once in a lifetime opportunity to build in such a popular and charming town. Who doesn't want to live in Benicia? This is your chance to develop retail on the first floor and condos on the second and third floor. Just steps away from amazing restaurants, shops, One House bakery and a few blocks away from the waterfront, walking trails and yacht club! Be part of Benicia’s growing excitement. Have you seen downtown Benicia lately? Learn more about why people are jumping at the chance to live here!



City Historical Design Approved:

9 Condos (2 Bedroom / 2 Bath)

3,000 sq. ft. Restaurant / Retail 1st Floor

Multiple Tenancy

Street Retail

Lot Size 8,250 SF (L Shape)



Highlights:

Current Cash Flow Approximately $4,000 / per month

Seller Financing Available

Seller joint venture option available

Full Set of Architectural Plans

Short walking distance to the waterfront, restaurants and shopping

Easy access to Napa, San Francisco, Sacramento, Walnut Creek, San Ramon and Santa Rosa.



Development Project Objective:

(Mixed-Use Development)

1st Floor Retail & Parking

2nd Floor Condos

3rd Floor Condos



Usable SF

1st Floor 4098 SF (3 Commercial Units)

Parking 973 SF

2nd Floor 7715 SF

Balcony 1853 SF

3rd Floor 2276 SF

Total SF 16915 SF



Scope of Work:

Demolish Existing Building

Merge 2 Adjacent Lots into 1

Rezone the new lot to town core (TC)

Develop Mix-Use Building



Please do not disturb tenants. Contact Carmen Gray and her Team for a Tour. We look forward to hearing from you!
Uses
Land

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Carmen Gray, RE/MAX Gold
BRE# 02040799