$540,000
Redding, CA 96001
MLS# 19-3909
Status: Closed
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Property Description
Long time owners retiring. Prime corner in the downtown mall across from the Shasta College building. This mid century (1964-68)classic one story building was designed by a famous Redding Engineering firm. There is a new roof and 2 new rooftop a/c units. The first story is approx. 4700 sq. ft. and approx. 4000 sq. ft. basement. Hard pipe sprinkler system all areas. 400 amp elec serv.
Details
Maps
Address Information
Cross Street: Tehama St.
Street Number: 1401
Street Name: Market St
State/Province: CA
Postal Code: 96001
County: Shasta
Property Description
List Price: 608000
Parcel Number: 101-790-020-000
Lot Dim or Acres: 9,133
Sq Ft - Building: 4700
GP Zone: RED MUC - Mixed Use Core
Zoning: AND - C-1 - General Commercial
Year Built Desc: 30+
Current Price: $540,000
Area: 01 - NW Redding
Remarks
Public Remarks: Long time owners retiring. Prime corner in the downtown mall across from the Shasta College building.
This mid century (1964-68)classic one story building was designed by a famous Redding Engineering firm. There is a new roof and 2 new rooftop a/c units. The first story is approx. 4700 sq. ft. and approx. 4000 sq. ft. basement. Hard pipe sprinkler system all areas. 400 amp elec serv.
Directions: On the corner of Market & Tehama St., at the Downtown Mall
Business Type
Mixed: 1
Office: 1
Retail: 1
Present Use
Other: 1
Restaurant: 1
Parking
Common: 1
# On Street Spaces: 4
# Private Spaces: 10
Possession
Close of Escrow: 1
Selling Terms
Conventional: 1
Contract Information
Status: Closed
Sold Date: 2020-04-22
Under Contract Date: 2019-07-30
Sold Price: $540,000
List Date: 2019-07-20
Property Features
Business Type: Mixed; Office; Retail
Present Use: Restaurant; Other
Parking: Common
Possession: Close of Escrow
Selling Terms: Conventional
Supplements
Multiple meters, and connections for elect., gas, water and sewer. Up to 6 addresses available. The traffic count is very high. The existing Sandwichery has been at this location 35 years and is on a lease. The basement tenant is used by musicians to practice and is a month to month. The owners want an as-is sale and want to leave the space vacant until sold. There is a private parking lot allowing for future additional floor space expansion if desired. This property may be eligible for the "Opportunity Zoning", check with the City.
This was the site of the Historical Temple Hotel. The interior brink wall is from that era. The site has recently been declared historical.
Make this potential money maker your own.
IDX
Listing Office: California Delta Real Estate
Last Updated: September - 01 - 2024
Information deemed reliable but not guaranteed.