1401 Gold Street, Redding, CA 96001

$749,000
Property Type: Comm/Industrial Square Footage: 9,000 Status: Closed
Current Price: $749,000 List Date: 3/23/2017 Last Modified: 8/31/2024

Description

Fully leased income property with over 2 1/2 years remaining on the lease with quality tenant. The 7,500 sf building was completely remodeled in 2003. There is also a 1,500 sf warehouse with mezzanine on site. Includes the entire parking lot between subject building and Ellis Survey and Art Supply.

More Information MLS# 17-1329

Address Information

Street Number: 1401 Street Name: Gold Street Cross Street: Market State/Province: CA Postal Code: 96001 County: Shasta

Property Description

Current Price: $749,000 Type: XX Area: 04 - SW Redding List Price: 825000 Parcel Number: 101-750-002, 101-750-004 & 101-750-005 Sq Ft - Building: 9000 GP Zone: To Follow Zoning: See Remarks Year Built: 1958 Year Built Desc: 30+

Remarks

Public Remarks: Fully leased income property with over 2 1/2 years remaining on the lease with quality tenant. The 7,500 sf building was completely remodeled in 2003. There is also a 1,500 sf warehouse with mezzanine on site. Includes the entire parking lot between subject building and Ellis Survey and Art Supply. Directions: SW corner of the intersection of Market and Gold Streets.

Contract Information

Status: Closed Sold Date: 2017-09-12 Under Contract Date: 2017-04-05 Sold Price: $749,000 List Date: 2017-03-21

Addl Lease Info

# Months Remaining: 33 # of Tenants: 1

Miscellaneous

Storage: Covered

Financial Info

Gross Income $: 87720 Operating Expenses $: 12263 Net Income $: 75457 Scheduled Income $: 249198

Property Features

Business Type: Office; Retail; Warehouse Present Use: Health; Medical/Dental; Office; Warehouse Parking: Conforms to Zoning; Off Street Sub Zoning: Conforming Exterior: Block Roof: Tar & Gravel Lease Term: 3 - 5 Years Lease Type: Net; Modified Gross Expense Data Source: Projected Floors: Tile; Wall to Wall Carpet Owner Expenses: Insurance; Management Fee; Repair/Maintenance Miscellaneous: Burglar Alarm; Fire Alarm; Signage; Tenants; Truck Door Utilities: 110V; Gas; Public Water; Sewer Available Terms: All Cash to Seller; Cash Photo: Agent Upload Possession: Close of Escrow Selling Terms: Conventional
Listing Office: Cox Real Estate Consultants, INC.
Last Updated: August - 31 - 2024
1401 Gold Street, Redding, CA 96001- MLS# 17-1329
Information deemed reliable but not guaranteed.

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