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Listed by Erin K Richart • Shasta Sotheby's International Realty
$ 849,900
Est. payment | /mo
2,630 SqFt
$ 849,900
Est. payment | /mo
2,630 SqFt
Key Details
Property Type Other Types
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 2,630 sqft
Price per Sqft $323
MLS Listing ID 26-5716
Year Built 1960
Lot Dimensions .21
Property Sub-Type Office
Source Shasta Association of REALTORS®
Property Description
Excellent investment opportunity. Fully renovated, income-producing commercial property in the prime Downtown area. The property is occupied by a Fortune 500 financial services company under a long-term NNN lease, providing investors with stable income, contractual rent increases, and minimal landlord responsibilities.
The professionally renovated building features six private offices, a large conference room, two restrooms, a kitchen/break room, dedicated coffee bar area, and a functional floor plan well suited for professional office use. The property also includes a dedicated parking lot, a valuable amenity in the downtown market.
Recent improvements include a new roof, new HVAC, and extensive interior renovations, providing a turnkey investment. Conveniently located near the Downtown Redding Public Market, Historic Cascade Theatre, businesses, restaurants, government offices, and major transportation corridors.
The professionally renovated building features six private offices, a large conference room, two restrooms, a kitchen/break room, dedicated coffee bar area, and a functional floor plan well suited for professional office use. The property also includes a dedicated parking lot, a valuable amenity in the downtown market.
Recent improvements include a new roof, new HVAC, and extensive interior renovations, providing a turnkey investment. Conveniently located near the Downtown Redding Public Market, Historic Cascade Theatre, businesses, restaurants, government offices, and major transportation corridors.
Location
State CA
County Shasta
Direction The property sits on the SE corner of Pine st and Sacramento st. in Downtown Redding.
Exterior
Parking Features Off Street
Building
Level or Stories NaN
Others
Senior Community No
Tax ID 101-660-026-000
Nearby Locations
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