2251 Hartnell Ave, Redding, CA 96002
$1,000,000
Property Type:
Comm/Industrial
Square Footage:
13,265
Lot Size (sq. ft.):
54,450
Status:
Closed
Current Price:
$1,000,000
List Date:
10/27/2020
Last Modified:
8/31/2024
Description
Multi tenant (5) auto repair and sales center with long standing tenants. Gross annual income of $100.020. 13265 square feet of buildings. CAP RATE is 6.4%. Please call listing agent for more details and additional information. Agents, please see private remarks for additional property purchase information offering a 6.8% CAP. Do not disturb tenants!!
More Information MLS# 20-3945
Address Information
Street Number: 2251
Street Name: Hartnell Ave
Cross Street: Shasta View
State/Province: CA
Postal Code: 96002
County: Shasta
Property Description
Current Price: $1,000,000
Type: C3
Area: 03 - SE Redding
List Price: 1195000
Parcel Number: 110-210-003-000
Sq Ft - Building: 13265
Sq Ft - Lot: 54450
SqFt - Bldg Rentable: 13265
SqFt - Bldg Usable: 13265
Lot Dim or Acres: 54,450
GP Zone: RED HC - Heavy Commercial
Zoning: Redding HC Heavy Commercial
Year Built: 1989
Year Built Desc: 30+
Remarks
Public Remarks: Multi tenant (5) auto repair and sales center with long standing tenants. Gross annual income of $100.020. 13265 square feet of buildings. CAP RATE is 6.4%. Please call listing agent for more details and additional information. Agents, please see private remarks for additional property purchase information offering a 6.8% CAP. Do not disturb tenants!!
Directions: East on Hartnell Avenue just past Alta Mesa and prior to Shasta View on the south side.
Contract Information
Status: Closed
Sold Date: 2021-06-14
Under Contract Date: 2021-04-10
Sold Price: $1,000,000
List Date: 2020-08-12
Owner Expenses
Insurance $ Amount: 4079
Taxes $ Amount: 1.25
Financial Info
Price/SqFt-Building: 90
Gross Income $: 100020
Net Income $: 79628.39
Cap Rate: 6.4
Property Features
Business Type: Mixed; Retail; See Remarks
Present Use: Auto; Repair; Service
Parking: Conforms to Zoning
Exterior: Metal; Stucco
Roof: Composition
Lease Term: 1 - 2 years; Month to Month; Varies
Lease Type: Other
Floors: Concrete
Miscellaneous: Signage
Utilities: 110V; Gas; Three Phase; Public Water; Sewer
Available Terms: Cash to New Loan; New Loan
Possession: Arrange
Selling Terms: Cash
Listing Office: House of Realty
Co Office Name: House of Realty
Co Listing Agent: Robbie Middleton
Last Updated: August - 31 - 2024
Information deemed reliable but not guaranteed.