The intricacies of foundation pit engineering often result in alterations to the surrounding environment, posing potential threats to the safe operation of nearby buildings and pile foundations. This study employs finite element numerical simulation to scrutinize the influence of vacuum preloading pressure, preloading duration, excavation slope ratio, excavation duration, and retaining pile wall depth on the stress and deformation of existing plain concrete pile foundations. The findings reveal that the impacts of excavation are primarily absorbed by both proximal and distal piles in relation to the pit. Moreover, elevating vacuum preloading pressure and extending the preloading duration during dewatering can lead to increased internal forces and displacement of the piles. Changes in excavation slope ratio exhibit minimal effects, while prolonged excavation duration can shift internal forces from predominantly positive to negative, with negligible impact on horizontal displacement. Importantly, augmenting the depth of the retaining pile wall embedding effectively mitigates the effects of pit excavation.