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    1321 Butte St Redding, CA 96001
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    Property profile & analytics

    1321 Butte St Redding, CA 96001


    • Investment properties
    • 25,308 SF
    • 0.48 lot acres
    Downtown Redding Retail/Office Space For Lease
    $4,625,000
    1,800 SF

    Downtown Redding Retail/Office Space

    Prime downtown location with high visibility and flexible layout.

    1321 Butte St, Redding, CA 96001
    View Listing
    Property ID
    US09-1088760
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • College Options / Training Center
    • California Physician Reimbursement / Medical Billing Service
    • Continuant - Redding / Telecommunications Service
    • Redding Visitors Bureau / Travel Agency
    • California Physician / Medical Billing Service

    Property Details for 1321 Butte St

    Year built
    2015
    Lot size
    0.48 lot acres
    Property size
    25,308 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    101-790-004-000
    APU
    101790004000

    Description

    This exceptional 25,308 square foot retail and office building, located at 1321 Butte Street in downtown Redding, California, presents a unique investment opportunity. Built in 2015 and renovated in 2022, the property sits on a 0.49-acre lot and is zoned DCD-SP-BH. The building features a mix of office and retail space, currently offering 1,800 square feet of vacant space. The address is conveniently located near the cross street of Pine Street, in the heart of Redding's business district, ensuring high visibility and accessibility. The available space boasts a flexible layout, ideal for a variety of uses. The front section, perfect for retail, features 12-foot ceilings and 9-foot clear height, allowing for impressive displays and open office configurations. The rear portion provides a more private and functional workspace, including a large workroom, a spacious 14.5-foot-wide private office, and a dedicated restroom. This central location offers businesses a blend of prominent visibility and easy access to the city's amenities and transportation networks. The property's APN is 101-790-004, and it's situated in Shasta County, CA, zip code 96001. This property is a rare find in a thriving downtown area, offering a combination of modern amenities, flexible space, and unparalleled location. Don't miss this chance to secure a prime commercial property in Redding.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $4,735,000
      6.5%
      $4,370,000
      7%
      $4,055,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $4,516,000
      Market price range: $1.72M - $4.52M
      AI Estimate
      $4,436,000
      Market price range: $1.00M - $4.44M
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $2,950,000
      Current use
      RESTAURANT
      $4,210,000
      Change: +43% Conversion: Difficult
      MEDICAL BUILDING
      $3,590,000
      Change: +22% Conversion: Easy
      RETAIL STORES
      $3,150,000
      Change: +7% Conversion: Easy
      AUTO REPAIR, GARAGE
      $2,805,000
      Change: -5% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Redding
    County
    Shasta
    State
    California
    Longitude
    -122.39
    Latitude
    40.5843
    CBSA code
    39820
    CBSA name
    REDDING, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $53,403
    $520,200
    $4,587,960
    $5,108,160
    -
    $0.00
    $0.00
    $0.00
    View Listing
    More about this property
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