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Property profile & analytics
OFF-MARKET Estimated value $1,700,000
Turn key restaurants

202 Hemsted Dr Redding, CA 96002-0912

1.22 ac lot Built 2008
Entity Owned Absentee Owner ~ Est. High Equity
Property ID
US10-3238630
Property summary
AI-generated overview

This ±5,976 square foot standalone restaurant building in Redding, CA, boasts unparalleled bluff-top dining with expansive Sacramento River and city views. The property includes a spacious indoor dining area, a full bar, and a covered outdoor patio featuring gas fire pits and a pizza oven. A prominent wine cellar is visible from the lobby. The commercial kitchen is equipped with two 10-foot hoods, a walk-in freezer, and a refrigerator. The 1.22-acre lot provides ample space, complemented by 39 parking spaces. Built in 2008, this single-unit restaurant offers a turnkey opportunity. A Type 47 CA Liquor License is available for sale under a separate agreement, along with all furniture, fixtures, and equipment. The property's prime location near Turtle Bay Exploration Park, Sundial Bridge, and Downtown Redding ensures high visibility and accessibility. The asking price is $1,990,000, with a price per square foot of $333.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2008
Lot 1.22 ac (53,143 SF)
APN 107-530-013-000
UPID US10-3238630
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • View 202 Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.70M
Owner & transaction history
202 Hemsted LP
202 Hemsted LP
since 2025
Last sale
$1.7M
7 recorded transactions
2025
$1.7M
2022
Price N/A
2015
$1.7M
2015
$1.9M
2006
$1.3M
2001
Price N/A
1995
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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