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    1575 California St Redding, CA 96001

    Sponsored
    For Lease
    $30 SF/Yr ($13,850 /Mo)

    Brand new, versatile spaces available.

    Lot size:
    5,540 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Located at 1575 California St, Redding, CA 96001, this 5,540 square foot building (APN 101-790-071-851) offers multiple suites ideal for retail, office, or restaurant use. Built in 2023, the property features six suites, with a minimum divisible space of 1,000 square feet and a maximum contiguous space of 5,540 square feet. The building sits on a 24,829 square foot lot and is zoned DCD-SP-BH - Downtown Core District - Specific Plan - Building Height Overlay. High ceilings and expansive floor-to-ceiling windows provide abundant natural light and high visibility. The property benefits from its location in a rapidly developing area of downtown Redding, surrounded by new projects and businesses, including a nearby 79-unit apartment complex and a larger development with 337 apartments, creating a built-in customer base. A 5-story parking structure with 400 spaces ensures ample parking. Outdoor seating areas are available for certain spaces. The development also includes Redding's only 750 square foot rooftop bar. This prime location is part of a downtown revitalization effort with over $500 million invested in the past five years. This presents a unique opportunity to establish a business in a thriving and dynamic community.

    Property Features for 1575 California St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,540 SF
    Total Rate
    13850

    Building Details

    Year Built
    2023

    Unit(s) available at that property

    Space
    Suite 100
    Size
    5,540 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
    4,000 SF
    Rate per SF
    $30
    Space
    Suite 105
    Size
    1,500 SF
    Rate per SF
    $30

    HighLights

    • State‑of‑the‑art retail, restaurant, and office development in Downtown Redding.
    • Prime location next to the new Whistle Stop Park and amphitheater.
    • Convenient access to a 400‑space, 5‑story parking garage.
    • Downtown Redding has seen over $500 million in recent development.
    Property Profile Location Intelligence

    Current Use by Public Records

    California Place Apartments Apartment Building Block 7 Apartment Building

    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
    -122.39213464367
    Latitude
    40.583996189136

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    FAQs

    What type of property is this?
    Restaurant - Brand new, versatile spaces available.
    Where is this restaurant located?
    The property is located at 1575 California St Redding, CA.
    What is the lease rate?
    The lease rate is $30 SF/Yr.
    What are key features of this property?
    This property features: State-of-the-art retail, restaurant, and office development in Downtown Redding.; Prime location next to the new Whistle Stop Park and amphitheater.; Convenient access to a 400-space, 5-story parking garage.
    Request Owner's contact information
    1575 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
    1575 California St Redding, CA 96001
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