$1,500,000
Redding, CA 96002
MLS# 18-4296
Status: Closed
15876 sqft
1 / 15
Property Description
Churn Creek Square is a stable, income producing neighborhood shopping center and is currently 94% leased. The property has a diverse income stream from more than 20 tenants. Excellent visibility and off street parking. The shopping center is well maintained with many long term tenants. Bring your investors! Call for full package.
Details
Maps
Address Information
Cross Street: Industrial
Street Number: 2185
Street Name: Churn Creek Rd
State/Province: CA
Postal Code: 96002
County: Shasta
Property Description
List Price: 1600000
Parcel Number: 067-120-025
Sq Ft - Building: 15876
GP Zone: RED GC - General Commercial
Zoning: RED - C-2 - Central Commericial District
Year Built Desc: 21-30 Years
Current Price: $1,500,000
Area: 02 - NE Redding
Year Built: 1993
Remarks
Public Remarks: Churn Creek Square is a stable, income producing neighborhood shopping center and is currently 94% leased. The property has a diverse income stream from more than 20 tenants. Excellent visibility and off street parking. The shopping center is well maintained with many long term tenants. Bring your investors! Call for full package.
Directions: Near the corner of Churn Creek Road and Industrial Way next to Dutch Brothers. Please do not disturb tenants.
Business Type
Mixed: 1
Office: 1
Retail: 1
Sub Zoning
Conforming: 1
Present Use
Mixed: 1
Beauty: 1
Health: 1
Office: 1
Retail: 1
Service: 1
Exterior
Stucco: 1
Roof
Metal: 1
Floors
Wall to Wall Carpet: 1
Parking
Conforms to Zoning: 1
Off Street: 1
# Off Street Spaces: 61
Lease Type
Modified Gross: 1
Lease Term
1 - 2 years: 1
3 - 5 Years: 1
Addl Lease Info
# of Tenants: 22
Utilities
110V: 1
Public Water: 1
Separate Meter: 1
Sewer: 1
Available Terms
All Cash to Seller: 1
Expense Data Source
Owner Actual: 1
Heat/Cool
Central Air: 1
Central Heat: 1
Possession
Close of Escrow: 1
Photo
Agent Upload: 1
Selling Terms
New Loan: 1
Owner Expenses
Electric: 1
Gas: 1
Insurance: 1
Taxes: 1
Trash: 1
Water: 1
Janitor: 1
Management Fee: 1
Repair/Maintenance: 1
Sewer: 1
Contract Information
Status: Closed
Sold Date: 2018-10-12
Under Contract Date: 2018-08-08
Sold Price: $1,500,000
List Date: 2018-07-25
Property Features
Business Type: Mixed; Office; Retail
Present Use: Beauty; Health; Mixed; Office; Retail; Service
Parking: Conforms to Zoning; Off Street
Sub Zoning: Conforming
Exterior: Stucco
Roof: Metal
Lease Term: 1 - 2 years; 3 - 5 Years
Lease Type: Modified Gross
Expense Data Source: Owner Actual
Floors: Wall to Wall Carpet
Owner Expenses: Electric; Gas; Insurance; Janitor; Management Fee; Repair/Maintenance; Sewer; Taxes; Trash; Water
Utilities: 110V; Public Water; Separate Meter; Sewer
Available Terms: All Cash to Seller
Photo: Agent Upload
Possession: Close of Escrow
Selling Terms: New Loan
Supplements
Churn Creek Square consists of a 13,814 square foot building on approximatetly 1.21 acres. This multi-tenant, mixed use commercial center benefits from heavy traffic flows along Churn Creek Road. The first floor tenants are comprised of office use, retail and personal service.The second floor is made up of multiple suites and the current tenant mix is office space and personal service. The second floor also offers a common area break room.
This parcel is a quick .5 mile from Interstate 5 with excellent accessibility and parking. The general plan for this location is General Commercial with a zoning classification of General Commercial-Visitor Retail. The utilities are supplied by the City of Redding, which is known for affordable electric service. PG&E provides natural gas.
IDX
Listing Office: Cox Real Estate Consultants, INC.
Last Updated: August - 31 - 2024
Information deemed reliable but not guaranteed.