116 Pine Street, Redwood City, CA 94063
List Price: $3.4M
Listing Status: Active
Original List Price: $3.5M
0Days on Market: 168
0 Bedrooms · 0 Bathrooms
Property Type: CommercialSale
Year Built: 1953
Lot Size: 7,267 sq ft
Annual Property Tax: $38,462
MLS Number: ML82033415
About This Property
Introducing 116 Pine St. in downtown Redwood City. The property features 10 fully renovated units (kitchens, baths, floors, doors, electrical, etc.) and offers three 2 bedroom 1 bathroom units and seven 1 bedroom 1 bathroom units. It sports an insanely desirable WalkScore of 94. Most importantly it is located one block from the 8 acre $600,000,000 Elko Yards development project. There's nothing but upside in this pocket of Redwood City and this investment provides solid returns immediately. Strong in-place RUBS. In close proximity to all the dining, shopping & entertainment amenities of Downtown Redwood City. Strategically located between San Francisco and San Jose, Redwood City continues to be one of the most dynamic and rapidly growing cities on the mid-Peninsula.
Listing provided by: Steve Zirelli DRE #01929245 650-322-2600 szirelli@aranewmark.com, Cornish & Carey Commercial
Source: CRMLS, MLS #: ML82033415
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.