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Property profile

642 Main St Red Bluff, CA 96080

OFF-MARKET
Warehouses
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Warehouses

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

642 Main St Red Bluff, CA 96080
Red Bluff metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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