Ad #7811709
MLS #426107265
Pacific West Advisory Group is happy to present 116 Washington
116 Washington Ave, Richmond, California, 94801
$975,000
--Beds
--Baths
4,535Sqft
--Acres
About this property
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 continued success and appreciation.
Property Features
0 Beds
0 Baths
4,535 Sqft
Built in 1989
0 Acres
Contra Costa County
Additional Photos
Contact Information
Oleg CRE Verbitski
Engel & Völkers San Francisco Union Street
Location
Listing Agent: Oleg CRE Verbitski
Broker: Engel & Völkers San Francisco Union Street 415-689-8592 Listing Site
Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Engel & Völkers San Francisco Union Street 415-689-8592 Listing Site
Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Jul 24, 2026
Photo Gallery
$975,000
--
Beds
--
Baths
4,535
Sqft
116 Washington Ave, Richmond, California, 94801
By contacting this agent you agree to these Terms and Conditions.
MLS# 426107265
Pacific West Advisory Group is happy to present 116 Washington
$975,000
116 Washington Ave, Richmond, California, 94801
--
Beds
--
Baths
4,535
Sqft
--
Acres
$975,000
116 Washington Ave, Richmond, California, 94801
-- Beds
-- Baths
4,535 Sqft
-- Acres
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 continued success and appreciation.
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Property Details
HOME DETAILS
0 Beds
0 Baths
4,535 Sqft
Built in 1989
0 Acres
FINANCIAL & COMMUNITY
Contra Costa County
Location
Mortgage Calculator
Ad Statistics
Ad Number
7811709
Viewed
30 times
Listing Status
Active
Added
Apr 27, 2026
Last Refresh
Jul 24, 2026 07:15:10 PM
Listing Information
Data Source
Engel & Völkers
Source Property ID
426107265
Listing Agent: Oleg CRE Verbitski
Broker: Engel & Völkers San Francisco Union Street 415-689-8592 Listing Site
Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Engel & Völkers San Francisco Union Street 415-689-8592 Listing Site
Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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