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 Benicias 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 ...
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
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
City will allow and approve parking (open parking)
Please do not disturb tenants. Contact Carmen Gray and her Team for a Tour. We look forward to hearing from you!
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