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444 Alabama St
Vallejo, CA 94590

$1,198,888 USD

Lodge Meeting Hall For Sale  •  29,112 SF

Property Details

  • Property Type Lodge Meeting Hall
  • Total Building Size 29,112 SF
  • Lot Size 0.45 AC
  • Building Class B
  • Year Built 1929
  • Cap Rate 13.35 %
  • Zoning Commercial Linear/Pedest
36 Transit Score
89 Walk Score

Highlights

Opportunity Zone, eligible for 40-80% Mills Act tax relief, possible 10-20% reno. Historic Tax credit, close to SF Ferry, pub. trans. & Mare Island.
Legendary Music History. Great mix of space sizes across 3 floors, with 17' ceilings and 20' main ballroom ceiling.
Approved event space plans, across from park with 100+ street parking, 20 car private lot.
Could carry-over existing financing

Property Flyers

Financial Summary (Proforma)

Net Operating Income: $160,000 USD (2024)
Cap Rate: 13.35 %
Total Expenses: $185,840 USD

Amenities

  • Bus Line

Public Transportation

AirportDriveWalkDistance
Metro Oakland International 47 min - 36.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 20
Type: Surface
Included in Rent: Yes
Kevin Reilly 800-503-7473 --
Kevin Reilly 800-503-7473 --