Leased Retail Building With
610 N Market Street Redding, CA 96003
610 N Market Street, Redding, CA, 96003
$1,290,000
For Sale
$1,290,000
Well-maintained retail building is fully leased to stable tenants and includes ample on-site parking for convenient access.
Property Size8,600 SF
Price / SF$150
Days on Market264
Property Features for 610 N Market Street
General Information
- Standard status
- Active
- Size
- 8,600 SF
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1967
Listing agency
(530) 355-3877
Listed by
Northstate Real Estate Professionals
(530) 355-3877
Source
Xome
Added: Nov 1, 2025 Updated: Jul 21 at 8:07PM Checked: Jul 21 at 8:07PM
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 Northstate Real Estate Professionals
Investment Insights
Based on property information with market context.
North Market Square is a well-maintained retail building that is fully leased to stable tenants. The property is positioned to provide consistent income and is presented as a turn-key, income-oriented asset.
Located at 610 N Market Street in Redding, the property benefits from strong visibility along a major commercial corridor. Convenient access and ample on-site parking support day-to-day customer flow and tenant operations.
The building totals approximately 8,600 square feet and is being offered for sale as part of a long-term, leased investment profile.
Located at 610 N Market Street in Redding, the property benefits from strong visibility along a major commercial corridor. Convenient access and ample on-site parking support day-to-day customer flow and tenant operations.
The building totals approximately 8,600 square feet and is being offered for sale as part of a long-term, leased investment profile.
Key Highlights
- Well‑maintained retail building at North Market Square that is fully leased to stable tenants
- Includes ample on‑site parking for convenient access
- Year built: 1967
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 | $171.3k | $19.92 |
| − Vacancy | −$10.1k | −$1.18 |
| EGI | $161.2k | $18.74 |
| − OpEx | −$48.4k | −$5.62 |
| NOI | $112.8k | $13.12 |
8,600 SF · lease $19.92/SF/yr · vacancy 5.90% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.61M
$1.41M – $1.88M
NOI $112,843 @ 7.0% cap · market cap 8.75%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.91M
$1.68M – $2.23M
NOI $134,026 @ 7.0% cap · market cap 10.39%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Redding Records & Music
(Bike/Boat/Book/etc) Store
Audio Ritual Records
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
Similar Off Market Nearby
- Lake Boulevard Plaza Shopping Center — Redding, CA 96003
FAQs
What type of property is this?
Shopping center - Well-maintained retail building is fully leased to stable tenants and includes ample on-site parking for convenient access.
Where is this shopping center located?
The property is located at 610 N Market Street Redding, CA.
What is the asking price?
The asking price for this property is $1,290,000.
What are key features of this property?
This property features: Well‑maintained retail building at North Market Square that is fully leased to stable tenants; Includes ample on‑site parking for convenient access; Year built: 1967
