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482 E Cypress Ave, Redding, CA 96002

$2,042,000
Property Type: Investment Status: Closed
Current Price: $2,042,000 List Date: 4/28/2021 Last Modified: 2/07/2024

Description

Redding's premier commercial hard corner at E Cypress Avenue and Bechelli Lane, just west of the Interstate 5 on/off ramps. Property includes 3 parcels with JAS Gas Station and Auto Service (8 pumps), separate storefront retail building, warehouse space and additional residential property with two separate duplexes. Recently completed Phase 1 and Phase 2 ESA reports found properties completely clean. All properties are connected with ingress/egress off Cypress Ave, Bechelli Ln and Grove Street. Zoned general commercial with unlimited possibilities, there are currently multiple buildings with multiple tenants providing exceptional income producing opportunities.

More Information MLS# 20-4170

Address Information

Street Number: 482 Street Name: E Cypress Ave Cross Street: Bechelli Lane State/Province: CA Postal Code: 96002 County: Shasta

Property Description

Current Price: $2,042,000 Type: C Area: 04 - SW Redding List Price: 2500000 Parcel Number: 107-370-017, 018, 014 Sq Ft - Building: 10700 GP Zone: RED GC - General Commercial Zoning: RED - C-2 - Central Commericial District Year Built Desc: Unknown

Remarks

Directions: At the corner of E Cypress Avenue and Bechelli Lane, immediately west of the I-5 and the Cypress Avenue exit (the primary exit off I-5 for the City of Redding).

Contract Information

Status: Closed Sold Date: 2021-12-06 Under Contract Date: 2021-06-09 Sold Price: $2,042,000 List Date: 2020-08-25 Commission SO: 3 Commission SO Type: %

Property Features

Business Type: See Remarks Present Use: Mixed; Retail; Service Parking: Common; Conforms to Zoning; Off Street Possession: Close of Escrow Selling Terms: New Loan
Listing Office: Haedrich & Co., Inc.
Last Updated: February - 07 - 2024
482 E Cypress Ave, Redding, CA 96002- MLS# 20-4170
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.

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