2185 Churn Creek Rd, Redding, CA 96002

$1,500,000
Property Type: Comm/Industrial Square Footage: 15,876 Status: Closed
Current Price: $1,500,000 List Date: 7/25/2018 Last Modified: 8/31/2024

Description

Churn Creek Square is a stable, income producing neighborhood shopping center and is currently 94% leased. The property has a diverse income stream from more than 20 tenants. Excellent visibility and off street parking. The shopping center is well maintained with many long term tenants. Bring your investors! Call for full package.

Supplements: Churn Creek Square consists of a 13,814 square foot building on approximatetly 1.21 acres. This multi-tenant, mixed use commercial center benefits from heavy traffic flows along Churn Creek Road. The first floor tenants are comprised of office use, retail and personal service.The second floor is made up of multiple suites and the current tenant mix is office space and personal service. The second floor also offers a common area break room. This parcel is a quick .5 mile from Interstate 5 with excellent accessibility and parking. The general plan for this location is General Commercial with a zoning classification of General Commercial-Visitor Retail. The utilities are supplied by the City of Redding, which is known for affordable electric service. PG&E provides natural gas.

More Information MLS# 18-4296

Address Information

Street Number: 2185 Street Name: Churn Creek Rd Cross Street: Industrial State/Province: CA Postal Code: 96002 County: Shasta

Property Description

Current Price: $1,500,000 Type: GC Area: 02 - NE Redding List Price: 1600000 Parcel Number: 067-120-025 Sq Ft - Building: 15876 GP Zone: RED GC - General Commercial Zoning: RED - C-2 - Central Commericial District Year Built: 1993 Year Built Desc: 21-30 Years

Remarks

Public Remarks: Churn Creek Square is a stable, income producing neighborhood shopping center and is currently 94% leased. The property has a diverse income stream from more than 20 tenants. Excellent visibility and off street parking. The shopping center is well maintained with many long term tenants. Bring your investors! Call for full package. Directions: Near the corner of Churn Creek Road and Industrial Way next to Dutch Brothers. Please do not disturb tenants.

Contract Information

Status: Closed Sold Date: 2018-10-12 Under Contract Date: 2018-08-08 Sold Price: $1,500,000 List Date: 2018-07-25

Parking

# Off Street Spaces: 61

Addl Lease Info

# of Tenants: 22

Property Features

Business Type: Mixed; Office; Retail Present Use: Beauty; Health; Mixed; Office; Retail; Service Parking: Conforms to Zoning; Off Street Sub Zoning: Conforming Exterior: Stucco Roof: Metal Lease Term: 1 - 2 years; 3 - 5 Years Lease Type: Modified Gross Expense Data Source: Owner Actual Floors: Wall to Wall Carpet Owner Expenses: Electric; Gas; Insurance; Janitor; Management Fee; Repair/Maintenance; Sewer; Taxes; Trash; Water Utilities: 110V; Public Water; Separate Meter; Sewer Available Terms: All Cash to Seller Photo: Agent Upload Possession: Close of Escrow Selling Terms: New Loan
Listing Office: Cox Real Estate Consultants, INC.
Last Updated: August - 31 - 2024
2185 Churn Creek Rd, Redding, CA 96002- MLS# 18-4296
Information deemed reliable but not guaranteed.

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