Restaurant with Outdoor
1325 Eureka Way, Redding, CA 96001
For Sale
New
$1,675,000
An established restaurant property features indoor dining, outdoor seating, and a Type 47 liquor license available for purchase.
Property Size3,100 SF
Price / SF$540.32
Days on Market6
Property Features for 1325 Eureka Way
General Information
Standard status
Size
Property subtype
Zoning
Restaurant
Seating Capacity
Patio
Building Details
Year Built
Listed By:
Grenvik Group Real Estate
(530) 643-7342
Source:
Grenvikgroup.idxbroker
Added: Nov 4
Changed: Nov 7
Last Checked: Nov 8 at 2:20AM
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 Grenvik Group Real Estate
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Investment Insights
Based on property information with market context.
Located at 1325 Eureka Way in Redding, this restaurant property includes approximately 3,100 square feet of building area. The space accommodates 78 guests indoors and also has a large outdoor patio. The building dates to 1954 and was updated; restaurant equipment is in place.
A Type 47 liquor license is available for purchase. The property is in downtown Redding.
A Type 47 liquor license is available for purchase. The property is in downtown Redding.
Key Highlights
- Approximately 3,100 square feet of building area
- Indoor seating capacity for 78
- Large outdoor patio
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,312
Cap Rate
2.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$966,240
$966.2K
Cap Rate 7%
$690,171
$690.2K
Cap Rate 9%
$536,800
$536.8K
Market Conditions
NOI Build-Up for 3,100 SF
Gross rent
$67.0K $21.60/SF
− Vacancy
−$2.5K −$0.82/SF
EGI
$64.4K $20.78/SF
− OpEx
−$16.1K −$5.19/SF
NOI
$48.3K $15.58/SF
Area
Shasta County, CA
Vacancy
3.80%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$966,240
Cap Rate 7%
$690,171
Cap Rate 9%
$536,800
Alternative Uses
Best Use
Specialty Retail
$690.2K
$603.9K – $805.2K
NOI $48,312 @ 7.0% cap · market cap 2.88%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,491
Businesses Nearby
129k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 66%
Shops & Services 34%
Dutch Bros. Coffee
Dining
15,325 visits/mo
0.1 miles
Taco Bell
Dining
15,248 visits/mo
0.0 miles
Burger King
Dining
13,566 visits/mo
0.5 miles
Heavenly Donuts
Dining
10,954 visits/mo
0.1 miles
Starbucks
Dining
10,071 visits/mo
0.3 miles
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 Retail in West region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - An established restaurant property features indoor dining, outdoor seating, and a Type 47 liquor license available for purchase.
Where is this conventional restaurant located?
The property is located at 1325 Eureka Way Redding, CA.
What is the asking price?
The asking price for this property is $1,675,000.
What are key features of this property?
This property features: Approximately 3,100 square feet of building area; Indoor seating capacity for 78; Large outdoor patio
