2161 Ferry StAnderson, CA 96007

Property Details for 2161 Ferry St

Lot size

0.26 AC

Property type

Healthcare properties

Property subtype

Medical offices

APN

201-010-064-000

APU

201010064000

Description

This exceptional Class A, 1,728 square foot executive office building in Anderson, CA, is available for $243,000. Located conveniently near I-5, this single-tenant property boasts a 2022 renovation, including a new roof. The building features a waiting room, four exam rooms or offices, two restrooms, a breakroom, and an additional office, all serviced by central heat and air. The concrete perimeter foundation, wood subflooring, and wood frame construction provide a solid base. The mixed-use zoning allows for versatility, and a significant additional parcel to the east offers expansion potential. The property is currently vacant, presenting an ideal opportunity for an owner-user or an investor seeking a value-add project in a prime Anderson location. The building's layout is designed for a single tenant, simplifying management and maximizing efficiency. This is a rare opportunity to acquire a well-maintained, recently renovated office building with significant upside potential in a desirable location. The 21,483 square foot lot provides ample space and future development possibilities. The property is situated on Ferry Street, just past the Anderson Post Office.

• CAP approach

  CAP return

  Valuation

  6%

  $2,017,226

  6.5%

  $1,862,055

  7%

  $1,729,051

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,598,136

  Geo Method

  $1,598,136

• Alternative Use

  Use

  Valuation

  Residential

  $2,308,948

  Hospitality

  $2,114,984

  Educational

  $1,759,642

  Medical

  $1,820,159

  Retail

  $2,737,221

Location Insight

City

Anderson

County

Shasta

State

California

Latitude

40.4515

Longitude

-122.298

CBSA code

39820

CBSA name

REDDING, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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