1320 Yuba StRedding, CA 96001

Property Details for 1320 Yuba St

Year built

1956

Construction

TILT-UP CONCRETE

Lot size

0.48 AC

Property size (Sq ft)

24,501 SF

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

101-790-005-000

APU

101790005000

Description

This exceptional 19,095 square foot retail space, located at 1320 Yuba Street, Suite B-10 in Redding, California, presents a rare opportunity. Known as "The Vault," this unique property boasts a rich history, housed within a 24,500 square foot building originally constructed in 1956 and extensively renovated in 2022. The space, formerly a Crocker Bank vault, offers a multitude of possibilities for a creative tenant. The minimum divisible space is 1,385 square feet, with a maximum contiguous space of 8,100 square feet available. The building features three stories and includes an elevator, with a dedicated elevator serving this suite. This is particularly advantageous given the potential for a speakeasy, as suggested by the property's unique character. The property sits on a 20,909 square foot lot and is zoned DCD-SP-BH - Downtown Core District - Specific Plan Overlay - Building Height Overlay (APN: 101-790-005). Its prime downtown location, near the cross street of Pine Street, in Shasta County (zip code 96001), offers excellent visibility and accessibility. This is a must-see property for discerning tenants seeking a truly distinctive space.

• CAP approach

  CAP return

  Valuation

  6%

  $4,415,622

  6.5%

  $4,075,959

  7%

  $3,784,819

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,498,253

  Geo Method

  $3,498,253

• Alternative Use

  Use

  Valuation

  Residential

  $5,054,189

  Hospitality

  $4,629,610

  Educational

  $3,851,781

  Medical

  $3,984,250

  Retail

  $5,991,660

Location Insight

City

Redding

County

Shasta

State

California

Latitude

40.5839

Longitude

-122.39

CBSA code

39820

CBSA name

REDDING, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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