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$ 3,395,000
Est. payment | /mo
6,300 SqFt
$ 3,395,000
Est. payment | /mo
6,300 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 6,300 sqft
Price per Sqft $538
MLS Listing ID ML82033415
HOA Y/N No
Year Built 1953
Lot Size 7,267 Sqft
Property Sub-Type Other
Property Description
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.
Location
State CA
County San Mateo
Zoning Mult
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Building
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 053195080
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Listed by Steve Zirelli • Cornish & Carey Commercial
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Patrick Nagel
REALTOR® | Lic# 1760790