Excellent investment opportunity with the potential to convert this former mixed-use property into a four-unit residential building in Vallejo! The property features three ground-floor commercial spaces (704, 706, and 708 Ohio St), each equipped with a half bathroom that could potentially be converted into a full bathroom. The second floor features a spacious 4-bedroom, 2-bathroom residential unit (710 Ohio St). With the property's current Residential Low Density zoning, the ground-floor spaces need to be repurposed for residential use, offering potential for traditional residential units or live/work arrangements, subject to approval. Property is sold as-is. Once legally converted into four residential units, the property may qualify for conventional 24 unit financing, subject to lender requirements. Conveniently located near Downtown Vallejo, shopping, dining, and transportation. This property may also be purchased together with the property located behind it, 712 Ohio St (MLS# ML82065630), with a combined asking price of $999,998. Buyer to independently verify zoning, permitted uses, conversion feasibility, and all applicable requirements.
Listing courtesy of Listing Agent: Reena Paleja (reena@rlare.com) from Listing Office: Reena Real Estate Inc..
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.