Office Building with Rear
For Sale
$255,000
1272 Oregon St, Redding, CA 96001
Vacant office property with updated interiors, mini-split HVAC, and a private rear courtyard.
Property Size880 SF
Price / SF$289.77
Days on Market50
Property Features for 1272 Oregon St
General Information
Standard status
Active
Size
880 SF
Zoning
DMUD-SP-BH
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Asking Price
$255,000
Amenities
private rear courtyard
security system
Building Details
Buildings
1
Building Size
880 SF
Owner Occupied
No
Listing Agency:
Exp Commercial of California, Inc.
Listed By:
Scott Pewitt · License #01887963
(530) 227-2004
Source:
Expcommercial
Added: Sep 7
Changed: Oct 26
Last Checked: Oct 24 at 1:23PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Exp Commercial of California, Inc.
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Investment Insights
Based on property information with market context.
This vacant office building provides approximately 880 SF of commercial space with an updated interior, engineered hardwood flooring, and high ceilings accented by shiplap and corrugated metal. A mini-split HVAC system supports climate control, while the private rear courtyard adds usable outdoor space. The property also includes a security system and a recently replaced roof.
Built in 1893, the building is directly across from Woody’s Brewing Company and offers convenient access to Market Street, Highway 44, and I-5. Its compact layout and existing improvements support a range of office-oriented commercial uses.
Built in 1893, the building is directly across from Woody’s Brewing Company and offers convenient access to Market Street, Highway 44, and I-5. Its compact layout and existing improvements support a range of office-oriented commercial uses.
Key Highlights
- Approximately 880 SF of office space
- Updated interior with engineered hardwood flooring
- High ceilings with shiplap and corrugated metal accents
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,596
Cap Rate
4.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$211,920
$211.9K
Cap Rate 7%
$151,371
$151.4K
Cap Rate 9%
$117,733
$117.7K
Market Conditions
NOI Build-Up for 880 SF
Gross rent
$18.0K $20.40/SF
− Vacancy
−$3.8K −$4.35/SF
EGI
$14.1K $16.05/SF
− OpEx
−$3.5K −$4.01/SF
NOI
$10.6K $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%
$211,920
Cap Rate 7%
$151,371
Cap Rate 9%
$117,733
Alternative Uses
Best Use
Office B
$151.4K
$132.5K – $176.6K
NOI $10,596 @ 7.0% cap · market cap 4.16%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$195.9K
$171.4K – $228.6K
NOI $13,714 @ 7.0% cap · market cap 5.38%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,486
Businesses Nearby
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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
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - Vacant office property with updated interiors, mini-split HVAC, and a private rear courtyard.
Where is this office building located?
The property is located at 1272 Oregon St Redding, CA.
What is the asking price?
The asking price for this property is $255,000.
What are key features of this property?
This property features: Approximately 880 SF of office space; Updated interior with engineered hardwood flooring; High ceilings with shiplap and corrugated metal accents
