Property Details
About this Property
Seller financing with 4.0% interest rate! 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.
MLS Listing Information
MLS #
SF424079656
MLS Source
San Francisco Association of Realtors® MLS
Days on Site
40
Commercial Information
# Buildings / # Units
0
Parking Spaces
0
Present Use
Office
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 0 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
116 Washington Ave is a Commercial Sale in Richmond, CA 94801. This 4,535 square foot property sits on a 2,980 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,250,000 and was built in 1989. This address can also be written as 116 Washington Ave, Richmond, CA 94801.
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This listing information is up-to-date as of November 12, 2024. For the most current information, please contact Michael Johnston, (415) 794-6453
