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Listed by Kimberly Shaffer • C21 Select Real Estate, Inc.
$ 2,300,000
Est. payment | /mo
12,440 SqFt
$ 2,300,000
Est. payment | /mo
12,440 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 12,440 sqft
Price per Sqft $184
MLS Listing ID 26-2639
Year Built 2001
Lot Size 1.630 Acres
Acres 1.63
Source Shasta Association of REALTORS®
Property Description
This exceptional investment opportunity offers two well-maintained commercial buildings (1852 & 1872 Buenaventura) situated on two parcels totaling approximately 1.63 acres in a highly desirable Redding location. The Gateway Plaza property consists of five tenant units with a combined building area of 12,440+/- square feet, that includes a 7,500+/-square-foot building and a 4,940+/-square-foot building. Featuring 53 on-site parking spaces, the property has been updated and professionally maintained, providing investors with a quality asset requiring minimal immediate capital improvements. Located on Buenaventura Boulevard, one of Redding's primary corridors, the property benefits from great visibility, strong traffic counts, and convenient access from Hwy 273 (S. Market St) and Highway 299. Surrounded by established residential communities and complementary businesses, the site has a strategic position that supports tenant demand and long-term value. This rare offering presents an excellent opportunity to acquire a multi-tenant investment in a quality location with strong income-producing potential and future growth opportunities.
Location
State CA
County Shasta
Direction Take South Market Place to Buenaventura Blvd and building will be on the left.
Exterior
Roof Type Other
Building
Building Description Stucco, Stucco
Level or Stories NaN
Structure Type Stucco
Others
Senior Community No
Tax ID 108-430-061-000
Acceptable Financing Submit
Listing Terms Submit
Nearby Locations
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