Available For Sale - Land

2,156 SF | Show Pricing $

AVAILABILITY DETAILS

Size
2,156 SF
Price/SF
Show Pricing $
Listing ID
SA416377
Notes
Great Multi-Family Development opportunity in the aggressively expanding city of Fairfield! This Multi-family Mixed-Use Development property is located in the heart of Fairfield, CA and is also found as a strategic target in the Heart of Fairfield initiative. Fairfield is experiencing an influx of Bay Area residents seeking a higher standard of living for a lower cost, easy access to Wine Country and walkable access to a vibrant downtown environment.

Approved three story, 36-feet apartment building housing 28 units located within the Heart of Fairfield specific plan area, which aims to revitalize downtown Fairfield by transforming it into a mixed-use commercial residential corridor.



*Potential for additional Units when adding Affordable Housing

*Seller Financing Available

Investment Highlights:

3 APN site, Zoned for Mixed-Use Office and approved for Multifamily on 1.38+/- acres

Seller Financing Available

Cash flow from existing single family home

Completed Architectural work for 28 Unit Multifamily development

Potential to increase total Unit number by adding Affordable Housing Units

Potential to add Office spaces on 1st floor



Strengthening local demographics and population growth.

Easy access to SF Bay Area Wine Country (Napa, Sonoma and Suisun Valley).

Easy access to Napa, San Francisco, Sacramento, Walnut Creek, San Ramon and Santa Rosa.
Uses
Land

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 you needs.

Listing provided courtesy of
Carmen Gray, RE/MAX Gold
BRE# 02040799