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Commercial Property — 116 Pine Street, Redwood City, CA

$3,395,000

116 Pine Street, Redwood City, CA

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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.

Property details

Square feet
6,300
Year built
1953
Property type
CommercialSale

Location

116 Pine Street • Redwood City, CA 94063

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Listed by

Steve Zirelli · Cornish & Carey Commercial