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    1585 California St Redding, CA 96001

    Sponsored
    For Lease
    $24 SF/Yr ($3,660 /Mo)

    Modern Office Space, Prime Location

    Lot size:
    1,830 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1,830 square foot executive office suite, located at 1585 California St, Suite 100, Redding, CA 96001, is situated in the vibrant California Place development. Built in 2023, this single-tenancy space boasts abundant natural light from expansive floor-to-ceiling windows, perfect for retail or office use. The suite is part of a larger complex featuring 79 apartments and a 5-story parking structure with 400 spaces, ensuring ample parking for clients and employees. The property's zoning (DCD-SP-BH - Downtown Core District - Specific Plan - Building Height Overlay) allows for a variety of uses, including retail, restaurant, and office. The 0.57-acre lot is part of a thriving downtown area experiencing significant investment, with over $500 million invested in the past five years. This location benefits from a built-in customer base provided by the surrounding 337 apartments and the unique addition of Redding's only 750 square foot rooftop bar within the complex. Outdoor seating areas are available, enhancing the customer experience. The property's APN is 101-790-071-600, and the cross street is Yuba Street. This is a remarkable opportunity to establish your business in a dynamic and rapidly growing downtown Redding location. The space is customizable to meet your specific business needs.

    Property Features for 1585 California St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,830 SF
    Total Rate
    3660

    Building Details

    Year Built
    2023

    Unit(s) available at that property

    Space
    Size
    1,830 SF
    Rate per SF
    $24

    HighLights

    • 1,830 SF executive office suite in the new California Place development, Redding, CA.
    • Located adjacent to a new park with amphitheater and a 5‑story parking structure with 400 spaces.
    • Downtown Redding location with over $500 million in recent development investment.
    • Part of a mixed‑use complex including 337 apartments and a rooftop bar.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -122.3917873106
    Latitude
    40.583183007556

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    FAQs

    What type of property is this?
    Restaurant - Modern Office Space, Prime Location
    Where is this restaurant located?
    The property is located at 1585 California St Redding, CA.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: 1,830 SF executive office suite in the new California Place development, Redding, CA.; Located adjacent to a new park with amphitheater and a 5-story parking structure with 400 spaces.; Downtown Redding location with over $500 million in recent development investment.
    Request Owner's contact information
    1585 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
    1585 California St Redding, CA 96001
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