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610-638 Azalea

Redding, CA 96002
  • $2,175,000
  • STATUS: Active
  • ON SITE: 10 Days
  • ID#: 21-5535
UPDATED: 99 min ago
$2,175,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 25,000
    SQFT
  • $87
    $/SQFT
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Description

Excellent investment opportunity consisting of 4 parcels and 4 well-maintained buildings in a great location on the east side of Redding, just off Hilltop Blvd. With a diverse mix of tenants, plenty of private parking spaces and easy to rent smaller suites, vacancy stays pretty low. Over 7% Cap Rate! CB262

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IDX information © 2021 Shasta Association of Realtors MLS. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2021-12-03T23:58:38.763.

Licensed in the State of California.
www.home4realliving.com/homes/123507775
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610-638 Azalea Redding, CA 96002

  • Price: $2,175,000
  • Status: Active
  • On Site: 10 Days
  • Updated: 99 min ago
  • ID#: 21-5535
0
Beds
0
Baths
0
½ Baths
N/A
Acres
25,000
SQFT
$87
$/SQFT
Neighborhood:
03 - SE Redding
County:
Shasta
Area:
03 - SE Redding
Property Description
Excellent investment opportunity consisting of 4 parcels and 4 well-maintained buildings in a great location on the east side of Redding, just off Hilltop Blvd. With a diverse mix of tenants, plenty of private parking spaces and easy to rent smaller suites, vacancy stays pretty low. Over 7% Cap Rate! CB262
Exterior Features

Exterior Wood Lot Dim Or Acres 20127 Parking On StreetPrivate Parking Private Spaces 45.00 Roof Composition

Interior Features

Heat Cool Central Air Sq Ft Bldg Rentable 24137.00

Property Features

Business Type Medical/DentalMixedOffice Cap Rate 7.30 GPZone Red Gc - General Commercial Gross Income 273000.00 Lease Term 1 - 2 Years Lease Type Modified Gross Miscellaneous Tenants Possession Close Of Escrow Present Use BeautyHealthMedical/DentalMixedOffice Sub Zoning Conforming Type C Utilities GasPublic WaterSeparate MeterSewer Year Built Description 30+ Zoning Redding Gc-Vr-Bh General Commercial Visitor Retail Building Height

Listing provided courtesy of Justin Nelson, Ccim of Coldwell Banker Commercial C&C Properties.


IDX information © 2021 Shasta Association of Realtors MLS. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2021-12-03T23:58:38.763.

Licensed in the State of California.
 
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747 Auditorium Drive
Redding CA, 96001