2621 Hartnell Ave, Redding, CA 96002
$315,000
Property Type:
Investment
Lot Size (sq. ft.):
12,632
Status:
Closed
Current Price:
$315,000
List Date:
1/27/2020
Last Modified:
1/09/2024
Description
Desirable location and nice cap rate on this investment - estimated at 7%. OWNER may carry with large down!
Tenant has 1.5+ more years on lease at $3000 a month.
The Hen House grossing $36,000 year income from lease - long term excellent tenant. Potential for growth as Holiday is slated to develop corner.
Business not for Sale - land and building only, please do not disturb patrons or employees.
More Information MLS# 20-224
Address Information
Street Number: 2621
Street Name: Hartnell Ave
Cross Street: Shasta View
State/Province: CA
Postal Code: 96002
County: Shasta
Property Description
Current Price: $315,000
Type: CS
Area: 01 - NW Redding
List Price: 395000
Parcel Number: 110-020-060-000
Sq Ft - Building: 1515
Sq Ft - Lot: 12632
SqFt - Bldg Rentable: 1515
SqFt - Bldg Usable: 1515
GP Zone: AND AG - Agriculture
Zoning: AND - C-1 - General Commercial
Year Built Desc: 01-05 Years
Remarks
Directions: East on Hartnell, property is just past the Shasta View light on the right.
Contract Information
Status: Closed
Sold Date: 2020-03-13
Under Contract Date: 2020-01-29
Sold Price: $315,000
List Date: 2020-01-14
Commission SO: 3
Commission SO Type: %
Parking
# Off Street Spaces: 22
Addl Lease Info
# Months Remaining: 1.8
# of Tenants: 1
Financial Info
Gross Income $: 36000
Property Features
Business Type: Retail
Present Use: Liquor; Tavern
Parking: Off Street
Sale Inclusions: Land; Lease
Exterior: Wood
Roof: Composition
Lease Term: 1 - 2 years
Lease Type: Gross
Floors: Concrete
Utilities: 110V; 220V; Propane; Public Water; Septic
Heat/Cool: Central Air; Central Heat; Forced Air
Available Terms: All Cash to Seller; Cash; Cash to New Loan; New Loan; Owner Carry 1st
Possession: Arrange
Selling Terms: Cash
Listing Office: Venture Properties
Last Updated: January - 09 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Information deemed reliable but not guaranteed.