$1,165,000
Redding, CA 96002
MLS# 24-3632
Status: Closed
13673 sqft
1 / 30
Property Description
Exceptional investment opportunity in the center of Redding, CA! Two high occupancy retail buildings totaling 13,392 SF in the center of the city. This prime location on E Cypress Ave, near the intersection of Churn Creek Rd and close to I-5, ensures excellent visibility and high foot traffic, making it a sought-after destination for retail and office tenants.
The property features 916 E Cypress Ave with 9,360 SF of office/retail space and 926 E Cypress Ave with 4,032 SF of office/retail space. Spaces in these size ranges and location are in high demand, resulting in consistently low vacancy rates.
See Documents for Rent Roll and Expense Info
Details
Maps
Address Information
Cross Street: Larkspur Ln.
Street Number: 916 & 926
Street Name: Cypress Ave
State/Province: CA
Postal Code: 96002
County: Shasta
Property Description
List Price: 1425000
Parcel Number: 107-220-054
Lot Dim or Acres: 1.35
Sq Ft - Building: 13673
Sq Ft - Lot: 59677
GP Zone: RED GC - General Commercial
Zoning: Redding GC-VR-BH General Commercial Visitor Retail Building Height
Year Built Desc: 30+
Current Price: $1,165,000
Area: 03 - SE Redding
Year Built: 1960
Remarks
Public Remarks: Exceptional investment opportunity in the center of Redding, CA! Two high occupancy retail buildings totaling 13,392 SF in the center of the city. This prime location on E Cypress Ave, near the intersection of Churn Creek Rd and close to I-5, ensures excellent visibility and high foot traffic, making it a sought-after destination for retail and office tenants.
The property features 916 E Cypress Ave with 9,360 SF of office/retail space and 926 E Cypress Ave with 4,032 SF of office/retail space. Spaces in these size ranges and location are in high demand, resulting in consistently low vacancy rates.
See Documents for Rent Roll and Expense Info
Directions: NE corner of Larkspur Ln And Cypress Ave. Cypress Colony is strategically positioned near the bustling intersection of E Cypress Ave and Churn Creek Rd,.
Contract Information
Listing Contract Date: 2024-08-20
Status: Closed
Sold Date: 2024-10-30
Under Contract Date: 2024-09-24
Sold Price: $1,165,000
List Date: 2024-08-22
Business Type
Office: 1
Retail: 1
Present Use
Office: 1
Restaurant: 1
Retail: 1
Exterior
Stucco: 1
Roof
Metal: 1
Parking
Common: 1
# Off Street Spaces: 59
Sale Inclusions
Lease: 1
Lease Type
Modified Gross: 1
Lease Term
Varies: 1
Utilities
Public Water: 1
Sewer: 1
Heat/Cool
Central Air: 1
Central Heat: 1
Possession
Close of Escrow: 1
Photo
Agent Upload: 1
Selling Terms
New Loan: 1
Property Features
Business Type: Office; Retail
Present Use: Office; Restaurant; Retail
Parking: Common
Sale Inclusions: Lease
Exterior: Stucco
Roof: Metal
Lease Term: Varies
Lease Type: Modified Gross
Utilities: Public Water; Sewer
Photo: Agent Upload
Possession: Close of Escrow
Selling Terms: New Loan
IDX
Listing Office: Cox Real Estate Consultants, INC.
Last Updated: July - 24 - 2025
Information deemed reliable but not guaranteed.