Mixed-Use Live-Work
For Sale
$599,900
Pending
2081 Victor Avenue, Redding, CA 96002
Commercial Sale, Redding, CA
Property Size2,116 SF
Days on Market245
Property Features for 2081 Victor Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Redding RS-2 Single Family Residential
Directions
Located on Victor just south of Mistletoe MFD can be accessed from ally way.
Subdivision
03 - SE Redding
Standard status
Pending
APN
067-020-004-000
Size
2,116 SF
Amenities
mature landscaping
Building Details
Year built
1962
Building materials
Wood Siding
Roof type
Composition
Listing Agency:
Josh Barker Real Estate · RE/MAX International
(530) 222-3800
Listed By:
Dan Metz · License #01882558
(530) 351-1449
Added: Feb 4
Changed: Oct 2
Last Checked: Oct 7 at 1:06PM
MLS# 26-465
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.
This 2,116-square-foot mixed-use property combines a separate residence with a professional office on one parcel. The office includes multiple treatment or work rooms, built-in cabinetry, and a practical interior arrangement that can support medical, dental, or other professional operations. The home has its own entrance, yard area, and functional floor plan, creating clear separation between living and work spaces.
Built in 1962, the property features wood siding and a composition roof. Ample parking and mature landscaping add functional value to the site, while the combination of residential and office improvements supports live-work use or occupancy by an owner-operator.
Built in 1962, the property features wood siding and a composition roof. Ample parking and mature landscaping add functional value to the site, while the combination of residential and office improvements supports live-work use or occupancy by an owner-operator.
Key Highlights
- 2,116 SF mixed‑use property with separate residential and office improvements
- Office includes multiple treatment or work rooms and built‑in cabinetry
- Residential component has a private entrance, yard space, and practical floor plan
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,479
Cap Rate
4.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$509,580
$509.6K
Cap Rate 7%
$363,986
$364.0K
Cap Rate 9%
$283,100
$283.1K
Market Conditions
NOI Build-Up for 2,116 SF
Gross rent
$43.2K $20.40/SF
− Vacancy
−$9.2K −$4.35/SF
EGI
$34.0K $16.05/SF
− OpEx
−$8.5K −$4.01/SF
NOI
$25.5K $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%
$509,580
Cap Rate 7%
$363,986
Cap Rate 9%
$283,100
Alternative Uses
Best Use
Office B
$364.0K
$318.5K – $424.7K
NOI $25,479 @ 7.0% cap · market cap 4.25%
Second Best
Mixed Use
$339.2K
$296.8K – $395.8K
NOI $23,745 @ 7.0% cap · market cap 3.96%
Theoretical Best
Specialty Retail
$471.1K
$412.2K – $549.6K
NOI $32,977 @ 7.0% cap · market cap 5.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
366
Businesses Nearby
Explore this area
Business Placement
Demographics for 96002, CA
35,158
Population
13,685
Households
2.6
Avg Household Size
39
Median Age
22%
College-Educated
93%
High-School Grad
30.6 sq mi
ZIP Area
1,149
Density / Sq Mi
$74,230
Median Household Income
$40,454
Median Earnings
$1,281
Median Rent
$347,500
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?
Mixed-use property - Separate residential and office areas create a flexible live-work configuration with dedicated access and on-site parking.
Where is this mixed-use property located?
The property is located at 2081 Victor Avenue Redding, CA.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: 2,116 SF mixed‑use property with separate residential and office improvements; Office includes multiple treatment or work rooms and built‑in cabinetry; Residential component has a private entrance, yard space, and practical floor plan
