Mari McCurdy

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Property Description
515 Sycamore Street offers ownership of an entire city block in Red Bluff, CA: ±1.71 fully fenced acres zoned M-1 Light Industrial, with three buildings totaling ±30,700 SF. The property is vacant and available to an owner-user or new tenants. Approximately 300 sq ft of the the third building is leased along with an on-site cell tower that generates $2,465 per month ($29,580 annually). The offering combines industrial land, warehouse space, and in-place income in a single acquisition in Tehama County, Northern California. The ±10,700 SF building consisting of warehouse/showroom and office space sits on a corner of the block, with a glass storefront entry, pylon signage, and paved on-site parking. Inside, a front showroom and customer service area lead to an open warehouse with open-web steel trusses, LED lighting, overhead heating, and three grade-level roll-up doors. The ±17,000 SF wood-framed warehouse offers a large, open floor beneath heavy timber trusses, with skylights, perimeter windows, man doors, and three grade-level roll-up doors of its own. Together, the two buildings suit warehouse and storage, contractor, light fabrication, and showroom uses. A gated, paved yard between the buildings provides secure vehicle circulation and loading access, and an open, unimproved portion of the block offers room for outdoor storage or laydown. An owner-user can occupy one or both warehouses with income already offsetting ownership costs, while an investor can lease the vacant space on top of the existing tower income. With a low per-square-foot basis, a full block of M-1 land, and income from day one, the property is well positioned for owner-users and investors alike.

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