2367 Athens Ave Redding, CA 96001
This exceptional 2,891-square-foot retail space, located at 2367 Athens Avenue in Redding, California, presents a unique opportunity for a variety of businesses. Situated on a generous 5.33-acre lot, this Class B shopping center offers ample space and visibility. The property is zoned GC-VR General Commercial - Visitor Retail, allowing for diverse commercial uses. Currently entirely vacant, the entire 2,891 square feet is available for lease. The building features exceptionally high ceilings, reaching 23 feet in most areas, and includes a fire sprinkler system. While previously used for storage, the space boasts a small retail storefront with double-door access at the rear. Note that the space is narrower at the back, with a maximum width of 24 feet. Existing interior framing and potential mezzanine access points are available for removal to suit the tenant's needs. The landlord is open to negotiating lease terms to accommodate prospective tenants. The property's APN is 102-100-046 and is conveniently located near Locust Street in Redding, CA 96001. This property offers significant potential for a business seeking a unique and adaptable retail space in a desirable location.
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
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.