2555 Market St, Redding, CA 96001
$525,000
Property Type:
Business Opportunity
Status:
Closed
Current Price:
$525,000
List Date:
11/03/2022
Last Modified:
8/30/2024
Description
World Famous ''The Tropics'' is now for sale! Redding landmark since 1945. The current owner spent over a year renovating this building from top to bottom. This turnkey income producing business is now on the market offering the building, liquor license, equipment and inventory. Here is your chance to own a historic business and its real estate in Redding.
More Information MLS# 22-5303
Address Information
Cross Street: Park Marina
Street Number: 2555
Street Name: Market St
State/Province: CA
Postal Code: 96001
County: Shasta
Property Description
Type: Service
List Price: 585000
Parcel Number: 104-280-002-000
GP Zone: AND AG - Agriculture
Zoning: AND - C-1 - General Commercial
Doing Business As: The Tropics
Aprx Square Feet: 2000 - 3000
Current Price: $525,000
Area: 01 - NW Redding
Remarks
Public Remarks: World Famous ''The Tropics'' is now for sale! Redding landmark since 1945. The current owner spent over a year renovating this building from top to bottom. This turnkey income producing business is now on the market offering the building, liquor license, equipment and inventory. Here is your chance to own a historic business and its real estate in Redding.
Directions: Going south on S. Market building will be on the left just past Park Marina
Business Type
Liquor: 1
Business Hours
7 Days: 1
Evening: 1
Addl Business Info
Age of Business: More than 10 Years
Foot Traffic: Heavy
Yr/Present Owner: 2 - 5 Years
Exclusive Parking: No
Alcohol License
Beer-Wine Onsale: 1
Liquor Onsale: 1
Location Description
Business District: 1
Industrial: 1
Sale Inclusions
Doing Business As: 1
Equipment: 1
Inventory: 1
Trade Fixtures: 1
Goodwill: 1
Real Estate: 1
Available Terms
All Cash to Seller: 1
Cash: 1
Cash to New Loan: 1
Owner May Carry: 1
Possession
Close of Escrow: 1
Photo
On File: 1
Agent Upload: 1
Selling Terms
Cash: 1
Owner Carry 1st: 1
Contract Information
Status: Closed
List Date: 2022-11-03
Sold Date: 2023-08-24
Under Contract Date: 2023-04-28
Sold Price: $525,000
Property Features
Business Type: Liquor
Business Hours: 7 Days; Evening
Alcohol License: Beer-Wine Onsale; Liquor Onsale
Location Description: Business District; Industrial
Sale Inclusions: Doing Business As; Equipment; Goodwill; Inventory; Real Estate; Trade Fixtures
Available Terms: All Cash to Seller; Cash; Cash to New Loan; Owner May Carry
Possession: Close of Escrow
Photo: On File; Agent Upload
Selling Terms: Cash; Owner Carry 1st
Listing Office: TREG INC - The Real Estate Group
Last Updated: August - 30 - 2024
Information deemed reliable but not guaranteed.