1322 Butte St, Redding, CA 96001

$825,000
Property Type: Comm/Industrial Square Footage: 10,566 Status: Closed
Current Price: $825,000 List Date: 6/25/2021 Last Modified: 8/31/2024

Description

Own a piece of Redding History located at ground zero for the Downtown Redding Renaissance. This building is the Historic Thompson's Clothing Store. This freestanding building Grand double staircase in the center of the building, high ceilings reaching 12'3'' on ground floor, and an open floor plan. Restrooms upstairs and downstairs. 10 parking spaces behind the building allocated to the building. Currently leased to Gather Downtown/Chosen Clothing Co. through May 31, 2023. Rent is currently $5250/month and will be raised June 2022 to $5750/month.

More Information MLS# 21-2968

Address Information

Street Number: 1322 Street Name: Butte St Cross Street: Pine Street State/Province: CA Postal Code: 96001 County: Shasta

Property Description

Current Price: $825,000 Area: 04 - SW Redding List Price: 875000 Parcel Number: 101-790-042 Sq Ft - Building: 10566 GP Zone: RED GO - General Office Zoning: Redding DCD-SP-BH Downtown Core Specific Plan Mixed Use Building Height Year Built: 1972 Year Built Desc: 30+

Remarks

Public Remarks: Own a piece of Redding History located at ground zero for the Downtown Redding Renaissance. This building is the Historic Thompson's Clothing Store. This freestanding building Grand double staircase in the center of the building, high ceilings reaching 12'3'' on ground floor, and an open floor plan. Restrooms upstairs and downstairs. 10 parking spaces behind the building allocated to the building. Currently leased to Gather Downtown/Chosen Clothing Co. through May 31, 2023. Rent is currently $5250/month and will be raised June 2022 to $5750/month. Directions: I-5 exit Hwy 44 West. Continue onto Shasta Street. Turn left on East Street. Turn right on Butte Street. Building will be on the right hand side just past the Pine Street intersection.

Contract Information

Status: Closed Sold Date: 2022-05-25 Under Contract Date: 2022-02-23 Sold Price: $825,000 List Date: 2021-06-25

Property Features

Business Type: Retail Present Use: Retail Parking: Off Street; On Street Photo: Agent Upload Possession: Close of Escrow Selling Terms: New Loan
Listing Office: Haedrich & Co., Inc.
Last Updated: August - 31 - 2024
1322 Butte St, Redding, CA 96001- MLS# 21-2968
Information deemed reliable but not guaranteed.

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