Active
116 Washington Avenue
Richmond CA, 94801
$1,600,000
$352.81 per sqft
Active
4,535 sqft
Commercial
Built in 1989
Welcome to a prime investment opportunity in the heart of Point Richmond, California - 116 and 124 Washington Street. These two adjacent properties, available for purchase separately or together, present an enticing opportunity for investors seeking a foothold in the thriving commercial landscape of the area. 124 Washington Street, offers a collection of 16 meticulously maintained office units, while its counterpart at 116 Washington Street comprises five units. Both buildings boast historically high occupancy rates and low operational costs, making them a solid choice for those looking to diversify their portfolio with stable, income-generating assets. Constructed in 1989 and 1991 respectively, these buildings exude durability and longevity, standing as a testament to quality craftsmanship and enduring value. The 16-unit property at 124 Washington Street provides a diverse array of office suites, ranging from small to larger spaces, catering to the needs of a variety of businesses. Meanwhile, the five-unit building at 116 Washington Street offers similar flexibility, ensuring that tenants can find the perfect workspace to suit their unique requirements.
424017529
MLSⓇ ID
March 20, 2024
Listed
October 1, 2024
Updated
Map
116 Washington Avenue
Richmond CA, 94801
Interior Features
Total Stories
0
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.07 Acres
Other Property Details
Area Name
Richmond-Point Richm
Garage
No
Parking Total
0
View
No
County
Contra Costa
Pool
No
Listed by Michael B Johnston with Berkshire Hathaway Drysdale Properties
Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS, but is not warranted. Data last updated on 10/1/2024.
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Meagan Levitan shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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Data last updated 9:02 PM UTC, 10/1/2024