1452 Oregon St, Redding, CA
Restored Victorian office building in downtown Redding with strong cashflow.
- Added:
- Apr 17, 2024
- Days on Market:
- 789
- Last Refresh:
- May 20 at 8:19 pm
Property Features for 1452 Oregon St
General Information
- Standard status
- Active
- Size
- 4,626 SF
- Lot size
- 0.26 Acres
- Property subtype
- OFFICE
Listing agent Ryan Haedrich License #01747622 (530) 917-4981
Listing office Capital Rivers Commercial (530) 917-4981
Listing date Apr 17, 2024
Source Moodyscre
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All listing content including descriptions, pricing, images are the copyrighted material of Capital Rivers Commercial
HighLights
- Fully leased with professional tenants and strong proforma cashflow.
- Prime downtown Redding location, next to the new Courthouse and close to amenities.
- Beautifully restored historic Victorian building with original architectural details.
- Inviting courtyard suitable for relaxation, client entertainment, or event rentals.
- On‑site parking and a two‑car detached garage.
- Eleven offices with lots of natural light, plus a full kitchen and third‑floor storage.
Overview
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 | $94.4k | $20.40 |
| − Vacancy | −$20.1k | −$4.35 |
| EGI | $74.3k | $16.05 |
| − OpEx | −$18.6k | −$4.01 |
| NOI | $55.7k | $12.04 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Redding
- County
- Shasta
- State
- California
- Longitude
- -122.395
- Latitude
- 40.5836