1975 Placer St Redding, CA 96001

Property Details for 1975 Placer St

Year built

1985

Construction

WOOD

Lot size

0.19 lot acres

Property size

3,600 SF

Property type

Investment properties

Property subtype

Live-work space

APN

105-620-078-000

APU

105620078000

Description

This exceptional 3,600 square foot office building is located in downtown Redding, California, at 1975 Placer Street. Its prime location offers superb visibility and proximity to the new courthouse, ensuring high traffic and consistent demand. Currently 100% occupied, this property presents a fantastic opportunity for long-term investment, benefiting from the nearby activity of city, county, and state government offices. The building features four individual office spaces, currently leased to a diverse range of tenants including an attorney's office, a land design firm, a cosmetic services provider, and a hair salon. The property includes a private parking lot, a significant advantage in a busy downtown area. Recent improvements include a newer HVAC system and some interior remodeling, ensuring the building is well-maintained and ready for continued success. The asking price is $495,000. This is a rare chance to acquire a stable, high-performing commercial property in a thriving downtown location. The diverse tenant mix mitigates risk and ensures a consistent income stream. Don't miss this opportunity to secure a valuable asset in a rapidly developing area.

Location Insight

City

Redding

County

Shasta

State

California

Longitude

-122.397

Latitude

40.5803

CBSA code

39820

CBSA name

REDDING, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments