1200 Market StRedding, CA 96001

Property Details for 1200 Market St

Year built

1988

Lot size

0.47 AC

Property size (Sq ft)

1,890 SF

Property type

Retail properties

Property subtype

Super regional malls

APN

101-290-069-000

APU

101290069000

Description

This exceptional mixed-use property in Redding, CA, presents a lucrative investment opportunity. The 1,890 square foot site, built in 2009, sits on a 0.47-acre lot at a prime Market Street location, ensuring high visibility and traffic. The property features a thriving Dutch Bros Coffee franchise and a well-established car wash, both benefiting from the strong local economy and high consumer spending in Redding. The car wash boasts state-of-the-art equipment, ample space for expansion, and limited competition, promising high operational efficiency and strong profit margins. The Dutch Bros Coffee location leverages the brand's popularity and proven franchise model, ensuring consistent demand and robust sales. This turnkey operation offers a unique blend of established businesses with significant growth potential, making it an ideal investment for discerning buyers seeking high returns. The asking price is $2,300,000, translating to $1,216.93 per square foot. This property benefits from its strategic location near major commercial areas and residential neighborhoods, attracting a consistent flow of customers to both businesses. The combination of a popular coffee shop and a high-quality car wash creates a synergistic effect, maximizing customer traffic and revenue potential. The property's modern facilities and established customer base provide a solid foundation for continued success and future expansion. This is a rare opportunity to acquire a profitable, established business in a thriving market.

• CAP approach

  CAP return

  Valuation

  6%

  $500,711

  6.5%

  $462,195

  7%

  $429,181

• Comparable approach

  Method

  Valuation

  Relative Method

  $680,033

  Geo Method

  $680,033

• Alternative Use

  Use

  Valuation

  Residential

  $389,879

  Hospitality

  $357,127

  Educational

  $297,125

  Medical

  $307,344

  Retail

  $462,195

Location Insight

City

Redding

County

Shasta

State

California

Latitude

40.5872

Longitude

-122.393

CBSA code

39820

CBSA name

REDDING, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at support@realmo.com and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at support@realmo.com.