$1,100,000
Redding, CA 96002
MLS# 19-4709
Status: Closed
8216 sqft
1 / 4
Property Description
Airport Commerce Center presents a stable, fully leased retail/office investment. 3 separate structures on 1.15 acres. Primary structure is a single tenant that has been in place for 5+ yrs and is growing. Building was originally designed to support 4-5 tenants and could be remodeled for alternative occupancy scenarios. 2 drive-thru kiosk building in front. High traffic & work force population.
Details
Maps
Address Information
Cross Street: Engineers Lane
Street Number: 8540
Street Name: Airport Rd
State/Province: CA
Postal Code: 96002
County: Shasta
Property Description
List Price: 1200000
Parcel Number: 054-400-027
Lot Dim or Acres: 1.15
Sq Ft - Building: 8216
GP Zone: RED GC - General Commercial
Zoning: RED - C-2 - Central Commericial District
Year Built Desc: 11-20 Years
Current Price: $1,100,000
Area: 03 - SE Redding
Year Built: 2004
Remarks
Public Remarks: Airport Commerce Center presents a stable, fully leased retail/office investment. 3 separate structures on 1.15 acres. Primary structure is a single tenant that has been in place for 5+ yrs and is growing. Building was originally designed to support 4-5 tenants and could be remodeled for alternative occupancy scenarios. 2 drive-thru kiosk building in front. High traffic & work force population.
Directions: Corner of Airport Road and Engineers Lane.
Business Type
Office: 1
Retail: 1
Sub Zoning
Conforming: 1
Present Use
Food Service: 1
Office: 1
Retail: 1
Exterior
Stucco: 1
Roof
Composition: 1
Floors
Concrete: 1
Parking
Common: 1
Conforms to Zoning: 1
Sale Inclusions
Land: 1
Lease: 1
Lease Type
Modified Gross: 1
Lease Term
1 - 2 years: 1
3 - 5 Years: 1
Utilities
110V: 1
220V: 1
Sewer: 1
Telephone: 1
Water: 1
Available Terms
Cash to New Loan: 1
New Loan: 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
Contract Information
Status: Closed
Sold Date: 2021-03-10
Under Contract Date: 2020-09-02
Sold Price: $1,100,000
List Date: 2019-08-30
Property Features
Business Type: Office; Retail
Present Use: Food Service; Office; Retail
Parking: Common; Conforms to Zoning
Sale Inclusions: Land; Lease
Sub Zoning: Conforming
Exterior: Stucco
Roof: Composition
Lease Term: 1 - 2 years; 3 - 5 Years
Lease Type: Modified Gross
Expense Data Source: Owner Actual
Floors: Concrete
Utilities: 110V; 220V; Sewer; Telephone; Water
Available Terms: Cash to New Loan; New Loan
Photo: Agent Upload
Possession: Close of Escrow
Selling Terms: New Loan
IDX
Listing Office: Northstate Commercial Partners
Last Updated: August - 31 - 2024
Information deemed reliable but not guaranteed.