642 Main St Red Bluff, CA 96080
This exceptional Red Bluff, CA property, located at 642 & 644 Main Street, presents a compelling investment opportunity. Priced at $446,000, this industrial property combines warehouse and commercial space, offering significant versatility. The building boasts a unique history, featuring a restored original bank vault from the National Bank of Red Bluffs, adding character and potential appeal to future tenants. The property is divided into two distinct floors, each with its own entrance, enhancing its adaptability. The ground floor comprises 1875 square feet of retail space, ideal for a variety of businesses. Upstairs, five offices of varying sizes provide ample space for professional use. These offices are equipped with new mini-split systems, ensuring climate control and energy efficiency. A shared receptionist area and an updated restroom with a sitting area add to the convenience and functionality of the upper level. Situated in the heart of Red Bluff, this property benefits from the town's vibrant community life, including regular concerts, farmers markets, and festivals, which could drive foot traffic and enhance its commercial viability. The property's potential extends to various uses, including retail, office rentals, or even a co-working space, making it an attractive prospect for a wide range of investors. The property's zip code is 96080, and it's located in Tehama County.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.