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    1401 Market St Redding, CA 96001

    Sponsored
    For Lease
    $9 SF/Yr ($7,117 /Mo)

    Prime Redding location, renovated office/retail space.

    Lot size:
    8,897 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Class A property, located at 1401 Market Street in Redding, California (96001), offers a unique opportunity for businesses seeking a vibrant downtown presence. The building, constructed in 1965 and extensively renovated in 2021, boasts 8,897 square feet across two stories. Multiple tenancy options are available, with spaces ranging from a minimum of 1,296 square feet to a maximum contiguous space of 2,654 square feet. The property features a 9% load factor and ample parking with 12 spaces available. Situated on a 0.21-acre lot, its zoning (DCD-SP-BH - Downtown Mixed-Use Specific Plan) allows for diverse uses. The building benefits from a prime location at the north gateway of the downtown promenade, enjoying high visibility with over 16,000 cars passing daily. Recent renovations include a stunning new exterior and a modern interior, featuring large windows for abundant natural light. The property's proximity to the future Downtown Redding sign further enhances its visibility and appeal. This is an ideal space for businesses seeking a high-profile location in the heart of Redding's revitalized downtown area. The address is 1401 Market St, Redding, CA, near Tehama Street. Shasta County.

    Property Features for 1401 Market St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,897 SF
    Class
    A
    Total Rate
    7117.6

    Building Details

    Year Built/Renovated
    1965/2021
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    1347 Tehama B1
    Size
    1,306 SF
    Rate per SF
    $9

    HighLights

    • Downtown Redding's newest renovated Class A property.
    • High visibility with 16,000+ cars passing daily.
    • Rare downtown location with 12 dedicated parking spaces.
    • Abundant natural light from large floor‑to‑ceiling windows.
    • Versatile basement space available for lease.
    • Strong tenant mix including The Historic Sandwichery and Russell Architecture & Design.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flooring America Flooring Store Curated Furniture and Decor ... Furniture Store Cheyenne Isberg Realtor-Jungle ... Real Estate Agent

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Redding
    County
    Shasta
    State
    California
    Longitude
    -122.3909363
    Latitude
    40.5852479

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    FAQs

    What type of property is this?
    Restaurant - Prime Redding location, renovated office/retail space.
    Where is this restaurant located?
    The property is located at 1401 Market St Redding, CA.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: Downtown Redding's newest renovated Class A property.; High visibility with 16,000+ cars passing daily.; Rare downtown location with 12 dedicated parking spaces.
    Request Owner's contact information
    1401 Market 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
    1401 Market St Redding, CA 96001
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