2418 2418 Victor Avenue, Redding, CA 96002
Two-building commercial property totaling 3,200 SF with a reception area and ample parking, cannabis-eligible for sale.
- Added:
- Mar 4, 2026
- Days on Market:
- 102
- Last Refresh:
- Jun 14 at 1:37 am
Property Features for 2418 2418 Victor Avenue
General Information
- Standard status
- Active
- Size
- 3,200 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1978
Listing agent Jayne Dreyer License #01997674 (530) 710-4338
Listing office eXp Realty of California, Inc. (530) 710-4338
Listing date Mar 4, 2026
Source Xome
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 Realty of California, Inc.
HighLights
- Two‑building commercial property totaling 3,200 SF on the same parcel
- Main building includes 2,000 SF with a front reception area
- Additional 1,200 SF building for extra workspace or storage
- Ample on‑site parking for customers, clients, and staff
- Cannabis eligible for sale
- Built in 1978
Overview
Located at 2418 Victor Avenue in Redding, CA 96002, the property’s configuration is designed to accommodate multiple uses under one ownership. With two structures and shared parking, the site can be organized to separate front-of-house activity from back-of-house needs.
The layout is well-suited for buyers and operators looking for flexible space for professional, medical, retail, or service-based uses, subject to applicable approvals. The property is also identified as cannabis eligible, which may support cannabis-related business planning where permitted. Overall, it presents a straightforward option for those seeking a multi-building footprint, a welcoming reception area in the primary structure, and convenient on-site parking.
Local Financial Insights For Retail
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 | $63.7k | $19.92 |
| − Vacancy | −$3.8k | −$1.18 |
| EGI | $60.0k | $18.74 |
| − OpEx | −$18.0k | −$5.62 |
| NOI | $42.0k | $13.12 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Redding Wheel And Brake — 1185 Hartnell Ave Suite A, Redding, CA 96002
- Nickerson Automotive VERIFIED ARD#271209 — 1357 Hartnell Ave unit b, Redding, CA 96002
- Blvd Body Shop — 1045 Hartnell Ave, Redding, CA 96002
- Accurate Auto Body — 1359 Hartnell Ave, Redding, CA 96002
- Big Ray's Auto Glass — 1185 Hartnell Ave, Redding, CA 96002
Location Insight
- Map
- Local Demand
- City
- Redding
- County
- Shasta
- State
- California
- Longitude
- -122.3391708
- Latitude
- 40.5722393
