905 Rio St, Red Bluff, CA 96080-2740
Discover a prime investment opportunity: a fully renovated event center located at 905 Rio St, Red Bluff, CA 96080. This 4,758 square foot Class C commercial property, built in 1924 and situated on a 10,324 square foot lot, is currently vacant. Originally transformed in 2015, the building boasts high-end finishes including exquisite Italian marble flooring and stunning Swarovski chandeliers, creating an atmosphere of sophistication and grandeur. The property is equipped with state-of-the-art sound and presentation systems, making it ideal for a variety of uses, including weddings, corporate events, and other special occasions. All furniture, fixtures, and equipment are included in the asking price of $1,090,000. This Core+ investment presents a unique opportunity for a versatile commercial space or an upscale event venue. The location is highly desirable, just one block east of Main Street in Red Bluff, offering excellent visibility and accessibility. This vacant property is ready for immediate occupancy and presents a blank canvas for a discerning investor. The property's size and features make it suitable for a multitude of commercial uses beyond event hosting.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
H-C · Red Bluff, CARed Bluff. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.