1079 Market St - Storefront Retail/Office FOR SALE
Redding, CA 96001 |
$585,000 USD
530-605-5169
1079 Market St
Redding, CA 96001
HIGHLIGHTS
- High exposure store front retail spaces
- Off street private parking lot with 12 spaces
- Flexible commercial lease terms - use property for your own business or continue to lease out
- Residential units upstairs make great apartment or short term rentals
- Traffic counts of 16,000 vehicles per day
- 100% occupied
OVERVIEW
3918 SF building with two leased residential apartments upstairs, one 2br, 1 ba and one 1br 1 ba with bonus room and two commercial spaces on the ground floor currently leased on MTM basis below market rent. Occupy one or both of the commercial spaces for your business and lease out the rest for income in your investment portfolio. Each of the 4 units has its own electric meter. Annual Gross Rents: $56,880 GRM 10.28
FOR SALE DETAILS
PRICE
$585,000 USD
PRICE/SF
$149 USD /SF
CAP RATE
Request Cap Rate
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
100% Occupied Mixed Use Building
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront Retail/Office
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1925
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.18 AC
LAND SF
7,841 SF
ZONING
DMUD - SP
APN/PARCEL ID
101-440-014-000,101-440-015-000
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
530-605-5169
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
Please correct the highlighted field(s).
530-605-5169
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
