About 124 Washington Avenue
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.
Features of 124 Washington Avenue
| MLS® # | 424017523 |
|---|---|
| Price | $1,950,000 |
| Bathrooms | 0.00 |
| Square Footage | 5,000 |
| Acres | 0.12 |
| Year Built | 1989 |
| Type | Commercial Sale |
| Sub-Type | Office |
| Status | Active |
Community Information
| Address | 124 Washington Avenue |
|---|---|
| Area | Richmond-Point Richm |
| City | Richmond |
| County | Contra Costa |
| State | CA |
| Zip Code | 94801 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Fireplace | No |
|---|---|
| Has Basement | No |
Additional Information
| Date Listed | March 20th, 2024 |
|---|
Listing Details
| Agent | Michael B Johnston |
|---|---|
| Office | Berkshire Hathaway Drysdale Properties |