116 Washington Avenue Richmond, CA 94801
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.
property details
Interior Features
Utility & Building Info
Price History
date | event | price | source |
---|---|---|---|
03/21/2024
03/21/2024
|
Active |
$1,600,000
|
San Francisco Association of Realtors |
Market Trends
Source: LiveBy