116 Pine Street Redwood City, CA ^$ 3,495,000

116 Pine Street

^$ 3,495,000

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116 Pine Street

Redwood City, CA, 94063

^$ 3,495,000

Bedrooms-- Baths-- Sq 6,300

Monthly Estimate*

^$ 21,519

Listed by Cornish & Carey Commercial

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116 Pine Street, Redwood City, CA 94063 - Image 10

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Commercial Property for sale in Redwood City, CA

for $3,495,000. This 6,300 square foot building was built in 1953 on a lot size of 0.1668.

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.

Commercial Active

Price

^$ 3,495,000

Property Type

Commercial

Taxes

^$ 38,462

Style

Lot Size

0.1668

Year Built

1953

Town/City

Redwood City

County/Region

San Mateo

MLS | Web ID

ML82033415

Days on Market

Features

General

Heating Wall Furnace

Cooling None

Roof Flat

Zoning Multifamily

HOA Fee 0

Year Built 1953

County San Mateo

Insurance Expense 10977

Property Type Commercial Sale

MaintenanceExpense 12500

Special Listing Conditions Standard

Status Active

City Redwood City

High School District Other

MLS Area 699 - Not Defined

Lot Size Units Square Feet

Lot Size Square Feet 7267

Carport Spaces 8

Carport Y/N true

Tax Annual Amount 38462

Trash Expense 20112

Standard Status Active

Occupancy Type Tenant

Year Built Source Assessor

Interior

Air Conditioning Y/N true

Heating Y/N true

Total Baths 0

Exterior

Water Source Public

Total Parking 1

Lot Size Area 7267

Number of Buildings 2

Building Area Total 6300

Lot Size Acres 0.1668

Lot Size Source Assessor

* Excluded Features

List By

Cornish & Carey Commercial

Broker

szirelli@aranewmark.com

Affordability Calculator

$24,724

Per Month

Monthly Principal & Interest: $21,519
Monthly Property Taxes: $3,205
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Redwood City, CA

Average List Price ^$5,065,440

Percent of Sale Price 45%

About Redwood City, CA

80,734 Population

7% Since 2002

^$83,523 Median Income

38.33 Median Age

34% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/2/2026	$3,495,000		Listed Price

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116 Pine Street, Redwood City, CA, 94063 is a Commercial Property for sale at $3,495,000 with 6,300 sqft and a lot size of 0.1668. 116 Pine Street was built in 1953. The property's zip code is 94063 which is in Redwood City, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 3/24/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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116 Pine Street

Commercial Property for sale in Redwood City, CA

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