Home | Contra Costa County | Richmond | 94801 | 116 Washington Ave
116 Washington Ave, Richmond, CA 94801
MLS: SF426107265 | Status: Active | Price: $975,000
Beds/Baths: – / –
Property Type: Commercial Sale
Quick Facts
| Beds |
Baths |
Sq Ft |
Sq Ft Lot |
Yr Built |
| – |
– |
4,535 |
2,980 |
1989 |
Pacific West Advisory Group is happy to present 116 Washington Street, a prime investment opportunity in the heart of Point Richmond. This well-maintained 4,535 SF office property, constructed in 1991, is comprised of five individual office suites and is currently 80% occupied with a strong history of tenant demand. The building exudes durability and longevity, standing as a testament to quality craftsmanship and enduring value. Historically high occupancy rates and low operational costs make this asset a solid choice for investors seeking stable, income-generating property with long-term growth potential. Offered at $975,000 ($215/SF), the property provides a 7.0% current cap rate and 8.1% pro forma cap rate, delivering reliable in-place income with additional upside through lease-up and market rent growth. Flexible suite configurations accommodate a variety of professional users, allowing tenants to find workspace tailored to their unique needs. Beyond its attractive features, 116 Washington Street offers a rare opportunity to tap into the vibrant energy of Point Richmond's commercial hub. The property benefits from walkable access to local retail and dining, a thriving business community, and convenient proximity to major transportation routespositioning it for contin
| Field |
Value |
| MLS # |
SF426107265 |
| MLS Source |
San Francisco Association of Realtors® MLS |
| Days on Site |
56 |
Features
| Feature |
Details |
| Zoning |
C2 CD |
| Feature |
Details |
| # Buildings / # Units |
0 / 0 |
| Parking Spaces |
0 |
| Present Use |
Office |
| Listing Agent |
Co-Listing Agent |
| Oleg Verbitski |
Michael Johnston |
| Engel & Voelkers San Francisco |
Engel & Voelkers San Francisco |
| License #: 02067848 |
License #: 01370461 |
| Phone: (415) 236-3767 |
Phone: (415) 794-6453 |
Property Units
| # Buildings |
# Leased Units |
# Total Units |
| 0 |
– |
0 |
School Ratings
School data provided by GreatSchools.org
Nearby Schools
Nearby Homes
Disclosures
©2026 San Francisco Association of Realtors® MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from San Francisco Association of Realtors® MLS.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
This listing information is up-to-date as of February 27, 2026. For the most current information, please contact Oleg Verbitski, (415) 236-3767.