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Listed by Michael B Johnston Berkshire Hathaway Drysdale Properties
$ 1,500,000
Est. payment | /mo
5,000 SqFt
$ 1,500,000
Est. payment | /mo
5,000 SqFt
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 5,000 sqft
Price per Sqft $300
MLS Listing ID 424079657
HOA Y/N No
Year Built 1989
Lot Size 5,009 Sqft
Acres 0.115
Property Description
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.
Location
State CA
County Contra Costa
Area Richmond-Point Richm
Interior
Fireplace No
Building
New Construction No
Others
Tax ID 5581400263
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