Redwood Office Building with
1050 West Street Redding, CA 96001
1050 West Street, Redding, CA, 96001
$345,000
Pending
For Sale
$345,000
Pending
COMMERCIAL - Redding, CA
Property Size2,050 SF
Lot Size0.38 Acres
Days on Market501
Property Features for 1050 West Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Off Street
- Standard status
- Pending
- APN
- 103-050-007
- Size
- 2,050 SF
- Lot size
- 0.38 Acres
Building Details
- Flooring type
- Carpet - Full, Wood
- Roof type
- Wood
Listing agency
House of Realty
(530) 241-8300
Listed by
Bruce L Middleton · License #00845401
(530) 227-7008
Added: Mar 7, 2025 Updated: Jul 13 at 3:32PM Checked: Jul 21 at 12:06PM
MLS# 25-899
Copyright © 2026 Shasta Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This professional office building offers approximately 2,050 square feet of space, with the majority constructed out of redwood. The property also features a newer roof, installed about two years ago.
Located at 1050 West Street in Redding, the building is described as being on the west side close to downtown. The rear of the parcel generates income from a neighboring business.
Overall, the combination of a redwood-built office structure and rear-parcel income support a straightforward setup for an owner-operator or buyer seeking both workspace and additional revenue tied to the property.
Located at 1050 West Street in Redding, the building is described as being on the west side close to downtown. The rear of the parcel generates income from a neighboring business.
Overall, the combination of a redwood-built office structure and rear-parcel income support a straightforward setup for an owner-operator or buyer seeking both workspace and additional revenue tied to the property.
Key Highlights
- Professional office building with majority constructed of redwood
- New roof, approximately 2 years old
- Off‑street parking available
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $41.8k | $20.40 |
| − Vacancy | −$8.9k | −$4.35 |
| EGI | $32.9k | $16.05 |
| − OpEx | −$8.2k | −$4.01 |
| NOI | $24.7k | $12.04 |
2,050 SF · lease $20.40/SF/yr · vacancy 21.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$352.6K
$308.6K – $411.4K
NOI $24,684 @ 7.0% cap · market cap 7.15%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$456.4K
$399.4K – $532.5K
NOI $31,948 @ 7.0% cap · market cap 9.26%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Pacific Hydrologic
Engineering Consultant
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Professional office building with a majority redwood interior and a roof installed about two years ago.
Where is this office building located?
The property is located at 1050 West Street Redding, CA.
What is the asking price?
The asking price for this property is $345,000.
What are key features of this property?
This property features: Professional office building with majority constructed of redwood; New roof, approximately 2 years old; Off‑street parking available
