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    Historic Victorian Office Building Title is generated by Realmo AI

    1452 Oregon St, Redding, CA

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    Restored Victorian office building in downtown Redding with strong cashflow.

    Type:OFFICE
    Property size:
    4,626 SF
    Lot size:
    0.26 Acres
    Price / SF:
    $145/SF
    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

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    Listing Contact
    Ryan Haedrich
    Ryan Haedrich

    Listing agent Ryan Haedrich License #01747622

    Listing office Capital Rivers Commercial

    Listing date Apr 17, 2024

    Source Moodyscre

    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 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

    This historic two-story Victorian office building, constructed in 1879, is located in downtown Redding, California. The building has been beautifully restored, retaining its original architectural details. The interior features 11 small offices with natural light, two bathrooms on each floor, and a full kitchen. One of the suites includes a full restroom with a shower. There is also a third-floor storage area with lower ceilings and a small half-bath, accessed from the interior stairwell. The property includes on-site parking and a two-car detached garage. An inviting courtyard provides a space to relax, entertain clients, or rent out for weddings and corporate events. The building is currently managed for individual office suites and is fully leased with professional tenants, with proforma reflecting strong cashflow and returns. The property is located close to restaurants, shops, and other amenities, providing walkability, and is next to the new Courthouse. The location offers a blend of historic charm and modern amenities, with easy access to dining, shopping, and entertainment. The property is conveniently located near the Sacramento River and the Cascade Theatre. The building has shingle-style Victorian architecture and a total property size of 4,626 square feet.

    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
    4,626 SF · lease $20.40/SF/yr · vacancy 21.30% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $795.7K
    $696.3K – $928.4K (±1% cap)
    NOI $55,702 @ 7.0% cap · market cap 8.25%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Specialty Retail
    $1.03M
    $901.2K – $1.20M (±1% cap)
    NOI $72,093 @ 7.0% cap · market cap 10.68%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bethany Ault, M.A., ... Psychotherapist Shauna Havlina, MFT Counselor Nann Zinn Counselor Bethany Ault Marriage Or Relationship Counselor Heather Jordan Marriage Or Relationship Counselor

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Redding
    County
    Shasta
    State
    California
    Longitude
    -122.395
    Latitude
    40.5836

    FAQs

    What type of property is this?
    Office building - Restored Victorian office building in downtown Redding with strong cashflow.
    Where is this office building located?
    The property is located at 1452 Oregon St Redding, CA.
    What is the asking price?
    The asking price for this property is $675,000.
    What are key features of this property?
    This property features: 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.
    (530) 917-4981 Call to check price and availability
    More about this property
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