1452 Oregon StRedding, CA 96001

This exceptional Class A, 4,626 square foot creative office building in Redding, CA, is offered at $695,000. Located at 1452 Oregon St, this multi-tenant property boasts 100% occupancy and a strong pro-forma NOI of $45,126.68, representing a 6.50% cap rate. The building sits on an 11,326 square foot lot and features a gross lease structure. The price per square foot is $150.24. This well-maintained property enjoys a prime location immediately adjacent to the new County Courthouse. Historically significant, this building, potentially the third oldest in Redding, dates back to 1879 and was once home to James McCormick, co-owner of the city's largest mercantile store. A virtual tour is available online. This is a rare opportunity to acquire a piece of Redding's history with excellent current income and future potential. The property is zoned for office use. All information is deemed reliable but not guaranteed.