202 Hemsted Dr Redding, CA 96002-0912
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.
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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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