1595 California St Redding, CA 96001
This exceptional retail space, located at 1595 California St, Redding, CA 96001, is part of the vibrant California Place development. Building 6 offers 4,000 square feet of brand new, customizable space, with a minimum divisible unit of 1,000 square feet. The property boasts expansive floor-to-ceiling windows, providing abundant natural light and high visibility from Butte Street. Built in 2023, this street retail property sits on a 0.57-acre lot and is zoned DCD-SP-BH (Downtown Core District - Specific Plan - Building Height Overlay), offering flexibility for various retail uses. The location benefits from a built-in customer base, with 79 on-site apartments and a larger surrounding area containing 337 apartments. Ample parking is ensured by a nearby 5-story parking structure with 400 spaces. The property is ideally situated within the thriving downtown Redding area, which has seen over $500 million in investment in the past five years. This prime location offers opportunities for businesses seeking high visibility and access to a growing residential population. Outdoor seating areas are available, enhancing the customer experience. The development also includes Redding's only 750 square foot rooftop bar, adding to the area's unique appeal. The Shasta County property (APN: 101-790-071-501) presents a remarkable opportunity for businesses to establish themselves in a dynamic and rapidly developing downtown area.
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Dee and sons southern cookin Restaurant
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.
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Risks
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