Property summary
This exceptional 6,345-square-foot storefront at 748 Washington Street in Red Bluff, California, presents a remarkable investment opportunity. Located in the heart of the historic downtown business district, this single-story, 1936-built building offers a unique blend of character and modern potential. Currently operating at 100% occupancy, the property is zoned HC and features a single unit within one building. The expansive space provides flexibility for a variety of uses, with the potential to be divided into two separate business locations due to its dual address configuration. This makes it ideal for entrepreneurs, retailers, or service providers seeking a high-visibility location in a thriving area. The gross lease structure simplifies operations, and the asking price is $269,000. The property's APN is 029-382-008-000. This is a rare chance to acquire a substantial retail space in a desirable and historic Red Bluff location. Don't miss this opportunity to establish your business in a vibrant and growing community.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
§ 25.72 H-C, HISTORIC COMMERCIAL DISTRICTS. (A) The city recognizes the unique commercial, architectural, historic and aesthetic value of its downtown commercial core area. It is intended that this classification be appl…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
H-C · Red Bluff, CA§ 25.72 H-C, HISTORIC COMMERCIAL DISTRICTS. (A) The city recognizes the unique commercial, architectural, historic and aesthetic value of its downtown commercial core area. It is intended that this classification be appl…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
§ 25.72 H-C, HISTORIC COMMERCIAL DISTRICTS. (A) The city recognizes the unique commercial, architectural, historic and aesthetic value of its downtown commercial core area. It is intended that this classification be appl…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for H-C in Red Bluff, CA.
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