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800 1st St
Benicia, CA 94510

9 Condo Mixed Use Redevelopment Opportunity · Retail Property For Sale

Investment Highlights

  • First Street Corner Location in Town Core Zoning (High Density Mixed Use)
  • 3 Blocks away from the waterfront and walking trail (Walk down H street from site)
  • Near the Benicia Yacht Club
  • Steps away from restaurants, Shopping and Bakeries
  • Cash Flow While Applying for Permits
  • Seller Financing Available. Seller is Flexible and open for optional joint development.

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,356 SF
Building Class
C
Year Built
1960
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.29
Land Acres
0.19 AC
Zoning
Mixed Use - Retail on 1st floor and Condos on 2nd and 3rd floor
Frontage
87 FT on 1st St

Amenities

  • Bus Line
  • Corner Lot
  • Fenced Lot

About 800 1st St , Benicia, CA 94510

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 City will allow and approve parking (open parking) 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! Disclaimer: Carmen Gray Team, Powered by RE/MAX Gold and RE/MAX Gold Commercial. 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 your needs. Based on information from California Regional Multiple Listing Service, Inc. and /or other sources dated at any time All data, including price per square foot, any and all additional charges/fees, all measurements and calculation of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.” The information contained herein has been provided by the Owner or other sources deemed reliable. The Broker does not guarantee the accuracy of this information, so prospective tenants and buyers should carefully and independently verify the information contained herein. THIS INFORMATION IS PROVIDED TO YOU WITH THE UNDERSTANDING YOU WILL NOT DISTURB OR TALK TO THE OWNER, CUSTOMERS, EMPLOYEES WHILE VISITING THE BUSINESS

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 0089-052-160
  • 0089-052-170
Land Assessment
$251,536
Improvements Assessment
$415,583
Total Assessment
$667,119
  • Listing ID: 21166218

  • Date on Market: 10/7/2020

  • Last Updated:

  • Address: 800 1st St, Benicia, CA 94510

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