1675 Market St Redding, CA 96001-1022
This exceptional 3,400 square foot, single-story office building is situated in the heart of Downtown Redding, CA, at the highly visible corner of Market and Placer Streets. Built in 1979, this Class C property boasts a convenient location, just half a block from Dam Burger and one block from the Historic Cascade Theatre. The building features three entrances/exits, making it ideal for owner-occupancy or multi-tenant leasing. Nine dedicated parking spaces provide ample parking for employees and clients, a significant advantage in the downtown core. The property includes first-class security measures such as key card access and security cameras. With approximately 20,000 cars passing daily, this location offers unparalleled visibility. The 6,786 square foot lot is zoned DCD-SP-BH (Downtown Core District - Specific Plan - Building Height Overlay). The asking price is $623,000, translating to $183.24 per square foot. This is a unique opportunity to acquire a well-located, secure, and highly visible office building in a thriving downtown area. The APN is 101-790-010.
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DataRay Inc. Electronics & Wireless Store Big Box & Wholesale Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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