Renovated Office
New
For Sale
$849,900
1255 Sacramento Street, Redding, CA 96001
Commercial Sale, Redding, CA
Property Size2,630 SF
Price / SF$323.16
Days on Market2
Property Features for 1255 Sacramento Street
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning description
Redding GO General Office
Parking features
Off Street
Directions
The property sits on the SE corner of Pine st and Sacramento st. in Downtown Redding.
Subdivision
04 - SW Redding
Standard status
Active
APN
101-660-026-000
Size
2,630 SF
Amenities
conference room
kitchen/break room
coffee bar area
Building Details
Year built
1960
Listing Agency:
Shasta Sotheby's International Realty
(530) 247-0700
Listed By:
Erin K Richart · License #01914629
(530) 949-9103
Added: Oct 5
Last Checked: Oct 6 at 10:06PM
MLS# 26-5716
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.
The 2,630-square-foot office building was constructed in 1960 and has undergone extensive interior work, along with installation of a new roof and HVAC system. Its layout includes six private offices, a conference room, two restrooms, a kitchen and break area, and a separate coffee bar. Off-street parking is provided in a dedicated lot.
The property is occupied by a Fortune 500 financial services company under a long-term NNN lease with contractual rent increases. Downtown Redding destinations nearby include the Downtown Redding Public Market and Historic Cascade Theatre, as well as restaurants, businesses, and government offices. Major transportation corridors are also in the surrounding area.
The property is occupied by a Fortune 500 financial services company under a long-term NNN lease with contractual rent increases. Downtown Redding destinations nearby include the Downtown Redding Public Market and Historic Cascade Theatre, as well as restaurants, businesses, and government offices. Major transportation corridors are also in the surrounding area.
Key Highlights
- 2,630‑square‑foot office building constructed in 1960
- Six private offices, a conference room, two restrooms, kitchen and break area, and separate coffee bar
- Occupied by a Fortune 500 financial services company under a long‑term NNN lease
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,668
Cap Rate
3.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$633,360
$633.4K
Cap Rate 7%
$452,400
$452.4K
Cap Rate 9%
$351,867
$351.9K
Market Conditions
NOI Build-Up for 2,630 SF
Gross rent
$53.7K $20.40/SF
− Vacancy
−$11.4K −$4.35/SF
EGI
$42.2K $16.05/SF
− OpEx
−$10.6K −$4.01/SF
NOI
$31.7K $12.04/SF
Area
Shasta County, CA
Vacancy
21.30%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$633,360
Cap Rate 7%
$452,400
Cap Rate 9%
$351,867
Alternative Uses
Best Use
Office B
$452.4K
$395.9K – $527.8K
NOI $31,668 @ 7.0% cap · market cap 3.73%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$585.5K
$512.3K – $683.1K
NOI $40,987 @ 7.0% cap · market cap 4.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
1
Office units
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,644
Businesses Nearby
Explore this area
Business Placement
Demographics for 96001, CA
33,914
Population
14,370
Households
2.4
Avg Household Size
42
Median Age
28%
College-Educated
93%
High-School Grad
72.4 sq mi
ZIP Area
468
Density / Sq Mi
$70,594
Median Household Income
$42,316
Median Earnings
$1,238
Median Rent
$385,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Office building - A long-term NNN tenancy and dedicated off-street parking complement the property's professional office layout.
Where is this office building located?
The property is located at 1255 Sacramento Street Redding, CA.
What is the asking price?
The asking price for this property is $849,900.
What are key features of this property?
This property features: 2,630‑square‑foot office building constructed in 1960; Six private offices, a conference room, two restrooms, kitchen and break area, and separate coffee bar; Occupied by a Fortune 500 financial services company under a long‑term NNN lease
