4900-4950 Mountain Lakes Blvd, Redding, CA 96003
$3,400,000
Property Type:
Comm/Industrial
Square Footage:
46,500
Status:
Closed
Current Price:
$3,400,000
List Date:
12/13/2022
Last Modified:
8/31/2024
Description
2 Exceptional concrete tilt up buildings comprising of a total of approximately 46,500 sqft. Both buildings have extensive upgrades including 3 phase power, improved office spaces, warehouse space and large roll up doors for multiple units. Floor plan offers abundant flexibility for tenant uses. Estimated annual scheduled income of $370,000.00
More Information MLS# 22-3913
Address Information
Street Number: 4900-4950
Street Name: Mountain Lakes Blvd
Cross Street: Caterpillar Rd
State/Province: CA
Postal Code: 96003
County: Shasta
Property Description
Current Price: $3,400,000
Type: C
Area: 01 - NW Redding
List Price: 3785000
Parcel Number: 114-330-029/30
Sq Ft - Building: 46500
GP Zone: To Follow
Zoning: To Follow
Year Built: 1985
Year Built Desc: 30+
Remarks
Public Remarks: 2 Exceptional concrete tilt up buildings comprising of a total of approximately 46,500 sqft. Both buildings have extensive upgrades including 3 phase power, improved office spaces, warehouse space and large roll up doors for multiple units. Floor plan offers abundant flexibility for tenant uses. Estimated annual scheduled income of $370,000.00
Directions: SB 273, R on Caterpillar, R on George Dr, turns into Mountain Lakes at 90 degree turn, buildings will be on your right.
Contract Information
Status: Closed
Sold Date: 2023-02-09
Under Contract Date: 2023-01-19
Sold Price: $3,400,000
List Date: 2022-08-04
Addl Lease Info
# of Tenants: 7
Property Features
Business Type: Industrial; Manufacturing; Warehouse
Present Use: Construction; Industrial; Manufacturing; Mixed; Office; Retail; Service; Warehouse
Parking: Common; Commercial Vehicle; Off Street; On Street; Yard
Exterior: Concrete
Roof: Other
Lease Term: Varies
Lease Type: Modified Gross
Expense Data Source: Books
Floors: Concrete
Owner Expenses: Insurance; Legal; Repair/Maintenance; Sewer; Trash; Water; Other
Utilities: Gas; Three Phase; Public Water; Separate Meter
Possession: Arrange
Selling Terms: Conventional; Exchange
Listing Office: Josh Barker Real Estate
Last Updated: August - 31 - 2024
Information deemed reliable but not guaranteed.