$3,125,000
Anderson, CA 96007
MLS# 22-5205
Status: Closed
42000 sqft
1 / 7
Property Description
Multi-tenant, light industrial complex, currently configured with 23 units. The location and size of the units means the complex stays full and the owner has a waiting list of tenants that would like to rent. The complex was designed to be low-maintenance and easy to self-manage if desired. This is a consistent income producer, even with below-market rents, close to Interstate 5. CB135
Details
Maps
Address Information
Cross Street: Riverside Dr
Street Number: 6200
Street Name: Stainless Way
State/Province: CA
Postal Code: 96007
County: Shasta
Property Description
List Price: 3000000
Parcel Number: 050-530-021-000
Lot Dim or Acres: 133,729
Sq Ft - Building: 42000
GP Zone: AND M-1 - Industrial
Zoning: AND - M-1 - Light Industrial
Year Built Desc: 30+
Current Price: $3,125,000
Area: 05 - Anderson
Remarks
Public Remarks: Multi-tenant, light industrial complex, currently configured with 23 units. The location and size of the units means the complex stays full and the owner has a waiting list of tenants that would like to rent. The complex was designed to be low-maintenance and easy to self-manage if desired. This is a consistent income producer, even with below-market rents, close to Interstate 5. CB135
Directions: Riverside Exit, West to Property
Business Type
Industrial: 1
Manufacturing: 1
Warehouse: 1
Sub Zoning
Conforming: 1
Present Use
Mixed: 1
Industrial: 1
Warehouse: 1
Exterior
Metal: 1
Roof
Metal: 1
Floors
Unfinished: 1
Parking
Common: 1
Lease Type
Gross: 1
Lease Term
1 - 2 years: 1
Month to Month: 1
Addl Lease Info
# of Tenants: 16
Utilities
Separate Meter: 1
Septic: 1
Available Terms
1031 Required: 1
Submit: 1
Possession
Close of Escrow: 1
Selling Terms
Cash: 1
Financial Info
Complete Package: Yes
Cap Rate: 5.57
Contract Information
Status: Closed
Sold Date: 2022-12-28
Under Contract Date: 2022-10-31
Sold Price: $3,125,000
List Date: 2022-10-24
Property Features
Business Type: Industrial; Manufacturing; Warehouse
Present Use: Industrial; Mixed; Warehouse
Parking: Common
Sub Zoning: Conforming
Exterior: Metal
Roof: Metal
Lease Term: 1 - 2 years; Month to Month
Lease Type: Gross
Floors: Unfinished
Utilities: Separate Meter; Septic
Available Terms: 1031 Required; Submit
Possession: Close of Escrow
Selling Terms: Cash
IDX
Listing Office: Coldwell Banker Commercial C&C Properties
Last Updated: April - 22 - 2025
Information deemed reliable but not guaranteed.