1320 Yuba St Redding, CA 96001
- Investment properties
- 24,501 SF
- 0.48 lot acres
Current Use by Public Records
- On Call Electrical / Electrician / Electrical Installation Service
- Matt Rosenberg Law Offices / Lawyer
- Headflood / Marketing Agency / Internet Marketing Service
- Redding Fashion Alliance / Non-Profit Organization / Business Development Service
- Krause Matthew D PhD / Psychologist
Property Details for 1320 Yuba St
- Year built
- 1956
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.48 lot acres
- Property size
- 24,501 SF
- Property type
- Investment properties
- Property subtype
- Live-work space
- 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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,620,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,125,000
- 6.5%
- $1,895,000
- 7%
- $1,945,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,940,000
- Geo Method
- $2,020,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,290,000
- Retail
- $1,880,000
- Mixed-Use
- $2,160,000
- Hospitality
- $1,825,000
- Educational
- $2,030,000
- Residential Income
- $2,150,000
- Energy
- $1,775,000
- Income-Based Land
- $2,215,000
- Food Service
- $1,715,000
Location Insight
- Map
- Local Demand
- City
- Redding
- County
- Shasta
- State
- California
- Longitude
- -122.39
- Latitude
- 40.5839
- CBSA code
- 39820
- CBSA name
- REDDING, CA METROPOLITAN STATISTICAL AREA
