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    1595 California St Redding, CA 96001

    Sponsored
    For Lease
    $30 SF/Yr ($10,000 /Mo)

    New 2023 Retail Building, High Visibility

    Lot size:
    4,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail space, located at 1595 California St, Redding, CA 96001, is part of the vibrant California Place development. Building 6 offers 4,000 square feet of brand new, customizable space, with a minimum divisible unit of 1,000 square feet. The property boasts expansive floor-to-ceiling windows, providing abundant natural light and high visibility from Butte Street. Built in 2023, this street retail property sits on a 0.57-acre lot and is zoned DCD-SP-BH (Downtown Core District - Specific Plan - Building Height Overlay), offering flexibility for various retail uses. The location benefits from a built-in customer base, with 79 on-site apartments and a larger surrounding area containing 337 apartments. Ample parking is ensured by a nearby 5-story parking structure with 400 spaces. The property is ideally situated within the thriving downtown Redding area, which has seen over $500 million in investment in the past five years. This prime location offers opportunities for businesses seeking high visibility and access to a growing residential population. Outdoor seating areas are available, enhancing the customer experience. The development also includes Redding's only 750 square foot rooftop bar, adding to the area's unique appeal. The Shasta County property (APN: 101-790-071-501) presents a remarkable opportunity for businesses to establish themselves in a dynamic and rapidly developing downtown area.

    Property Features for 1595 California St

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,000 SF
    Total Rate
    10000

    Building Details

    Year Built
    2023

    Unit(s) available at that property

    Space
    Suite 100
    Size
    4,000 SF
    Rate per SF
    $30
    Space
    Suite 101
    Size
    1,000 SF
    Rate per SF
    $30
    Space
    Suite 102
    Size
    2,000 SF
    Rate per SF
    $30
    Space
    Suite 103
    Size
    3,000 SF
    Rate per SF
    $30
    Space
    Suite 104
    Size
    1,500 SF
    Rate per SF
    $30
    Property Profile Location Intelligence

    Current Use by Public Records

    Dee and sons southern ... Restaurant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Redding
    County
    Shasta
    State
    California
    Longitude
    -122.39153796742
    Latitude
    40.583123899709

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    FAQs

    What type of property is this?
    Individual retail property - New 2023 Retail Building, High Visibility
    Where is this individual retail property located?
    The property is located at 1595 California St Redding, CA.
    What is the lease rate?
    The lease rate is $30 SF/Yr.
    Request Owner's contact information
    1595 California St Redding, CA 96001
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    Redding, CA 96001
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1595 California St Redding, CA 96001
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