For Sale
$495,000

1975 Placer StRedding, CA 96001

High-yield investment, fully occupied.

Overview

Added:
Feb 3
Days on market:
60
This exceptional 3,600 square foot office building is located in downtown Redding, California, at 1975 Placer Street. Its prime location offers superb visibility and proximity to the new courthouse, ensuring high traffic and consistent demand. Currently 100% occupied, this property presents a fantastic opportunity for long-term investment, benefiting from the nearby activity of city, county, and state government offices. The building features four individual office spaces, currently leased to a diverse range of tenants including an attorney's office, a land design firm, a cosmetic services provider, and a hair salon. The property includes a private parking lot, a significant advantage in a busy downtown area. Recent improvements include a newer HVAC system and some interior remodeling, ensuring the building is well-maintained and ready for continued success. The asking price is $495,000. This is a rare chance to acquire a stable, high-performing commercial property in a thriving downtown location. The diverse tenant mix mitigates risk and ensures a consistent income stream. Don't miss this opportunity to secure a valuable asset in a rapidly developing area.

Property Details for 1975 Placer St

Property type
Square Feet
3,600 SF
Year Built
1985

Location Insight

City
Redding
County
Shasta
State
California
Latitude
40.58043
Longitude
-122.397
1975 Placer St, Redding, California

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1975 Placer St
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