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Redwood Office Building with Income

1050 West Street Redding, CA 96001

Claim this Listing
Pending
$345,000

COMMERCIAL - Redding, CA

Property size:
2,050 SF
Lot size:
0.38 Acres
Added:
Mar 7, 2025
Days on Market:
493
Last Refresh:
Jul 13 at 1:06 am

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
Wood, Carpet - Full
Roof type
Wood

Listing agent Bruce L Middleton License #00845401

Listing office House of Realty 1707 Placer St., Redding, CA

Listing date Mar 7, 2025

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.

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 (±1% cap)
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 (±1% cap)
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

Suggested Use

(Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Grocery & Convenience Store Plumbing Service Storage Facility Butcher Florist Food Market Tanning Salon (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

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
Contact an agent
More about this property
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