Listing courtesy of Reena Paleja from Reena Real Estate Inc.. 415-866-3440
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.
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