329 329 Lake Boulevard, Redding, CA 96003
Turnkey restaurant/bar real estate with a dedicated hood and walk-in cooler, recently rebuilt with major systems replaced.
- Added:
- Jan 3, 2026
- Days on Market:
- 168
- Last Refresh:
- Jun 15 at 8:29 am
Property Features for 329 329 Lake Boulevard
General Information
- Standard status
- Active
- Size
- 3,334 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1963
Listing agent Jessica Whitlow (530) 605-5169
Listing office Cox Real Estate Consultants, INC. (530) 605-5169
Listing date Jan 3, 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 Cox Real Estate Consultants, INC.
HighLights
- Restaurant/bar real estate available for $975,000, currently occupied by Karma's House of Spirits (limited hours).
- Includes a 15' x 4' hood and a 10' x 12' walk‑in cooler.
- 2019–2020 full renovation: major systems recently replaced; only 2 block walls remain from the original structure.
- Business entity includes Type 48 and Type 58 liquor licenses available for purchase separately (FF&E also available separately).
- Off‑street parking available.
- Lot dimensions listed as .55.
Overview
The property is located at 329 Lake Boulevard in Redding, CA. It is being offered for sale as a standalone real estate purchase.
For buyers considering restaurant or bar ownership, the existing foodservice equipment supports immediate operational planning around the existing hood and cooler. A business entity holding Type 48 and Type 58 liquor licenses, along with FF&E, are available for purchase separately, allowing the transaction to be structured to match the needs of an operator or investor.
Local Financial Insights For Specialty 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 | $72.0k | $21.60 |
| − Vacancy | −$2.7k | −$0.82 |
| EGI | $69.3k | $20.78 |
| − OpEx | −$17.3k | −$5.19 |
| NOI | $52.0k | $15.58 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Redding
- County
- Shasta
- State
- California
- Longitude
- -122.3822606
- Latitude
- 40.6120244
