Flex Office with Warehouse
2918 S Market Street Redding, CA 96001
2918 S Market Street, Redding, CA, 96001
$279,000
For Sale
$279,000
COMMERCIAL - Redding, CA
Property Size1,872 SF
Price / SF$149.04
Days on Market13
Property Features for 2918 S Market Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- On Street
- Standard status
- Active
- APN
- 104-010-003-000
- Size
- 1,872 SF
Building Details
- Year built
- 1954
Listing Agency
Relevant Real Estate
(530) 319-3301
2789 Bechelli Ln, Redding, CA
Listed by
Amanda Bauder · License #02230527
(530) 355-2570
Added: Jul 6 Checked: Jul 18 at 9:06 am
MLS# 26-3259
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.
The property is an approximately 1,872-square-foot commercial building configured with a functional front office and reception area, plus a spacious warehouse/shop area in the rear. This layout supports a combination of administrative space and back-of-house workspace, making the building well-suited to users who need both customer-facing or office functions and practical room for storage, workshop work, or light industrial activity.
The building is located on S Market Street in Redding, CA, in a South Market Street location. The listing notes convenient access and visibility with easy connections to major roadways.
Given the mix of office and warehouse/shop space, the property can fit a range of owner-user and tenant needs, including contractors and service businesses, as well as light industrial or retail users looking for an on-site work area alongside an administrative front. If you’re evaluating a flexible facility for day-to-day operations, this combination of reception/office space with a rear shop area is designed to accommodate both.
The building is located on S Market Street in Redding, CA, in a South Market Street location. The listing notes convenient access and visibility with easy connections to major roadways.
Given the mix of office and warehouse/shop space, the property can fit a range of owner-user and tenant needs, including contractors and service businesses, as well as light industrial or retail users looking for an on-site work area alongside an administrative front. If you’re evaluating a flexible facility for day-to-day operations, this combination of reception/office space with a rear shop area is designed to accommodate both.
Key Highlights
- Approximately 1,872 SF commercial building with front office/reception area and rear warehouse/shop space
- Versatile layout suited to contractors, service businesses, light industrial, retail, or owner‑users
- On‑street parking available
Local Financial Insights For Industrial
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 | $34.6k | $18.48 |
| − Vacancy | −$2.4k | −$1.26 |
| EGI | $32.2k | $17.22 |
| − OpEx | −$9.7k | −$5.17 |
| NOI | $22.6k | $12.06 |
1,872 SF · lease $18.48/SF/yr · vacancy 6.80% · expense 30.00%
Alternative Uses
Best Use
Warehouse
$370.1K
$323.8K – $431.8K
NOI $25,907 @ 7.0% cap · market cap 9.29%
Second Best
Industrial
$322.4K
$282.1K – $376.2K
NOI $22,569 @ 7.0% cap · market cap 8.09%
Theoretical Best
Specialty Retail
$416.8K
$364.7K – $486.2K
NOI $29,174 @ 7.0% cap · market cap 10.46%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Versatile front office and rear warehouse shop layout suited for contractor, service, light industrial, or retail use.
Where is this flex space located?
The property is located at 2918 S Market Street Redding, CA.
What is the asking price?
The asking price for this property is $279,000.
What are key features of this property?
This property features: Approximately 1,872 SF commercial building with front office/reception area and rear warehouse/shop space; Versatile layout suited to contractors, service businesses, light industrial, retail, or owner‑users; On‑street parking available
