610 N Market St, Redding, CA 96003
$850,000
Property Type:
Comm/Industrial
Square Footage:
8,600
Status:
Closed
Current Price:
$850,000
List Date:
5/10/2022
Last Modified:
8/31/2024
Description
Here is your opportunity to a piece of Redding's original strip malls! Historic North Market Square!!
FULLY LEASED with long term tenants! Including, Janya's Thai Cuisine, Northwest Pools, Redding Records, Studio 66 Salon, Beautiful Nails, Concrete Lodge and Topstitch.
Approximately 8600 SF of Commercial Space, great parking in front and side of shopping center. Large well lit Monument Sign, and terrific traffic exposure. **CalTrans estimates over 17,000 vehicles drive by per day!!**
More Information MLS# 22-2317
Address Information
Street Number: 610
Street Name: N Market St
Cross Street: Lake Blvd.
State/Province: CA
Postal Code: 96003
County: Shasta
Property Description
Current Price: $850,000
Area: 01 - NW Redding
List Price: 935000
Parcel Number: 112-180-047-000
Sq Ft - Building: 8600
SqFt - Bldg Rentable: 8600
Lot Dim or Acres: .45
GP Zone: AND C-1 - General Commercial
Zoning: Redding GC General Commercial
Year Built Desc: 30+
Remarks
Public Remarks: Here is your opportunity to a piece of Redding's original strip malls! Historic North Market Square!!
FULLY LEASED with long term tenants! Including, Janya's Thai Cuisine, Northwest Pools, Redding Records, Studio 66 Salon, Beautiful Nails, Concrete Lodge and Topstitch.
Approximately 8600 SF of Commercial Space, great parking in front and side of shopping center. Large well lit Monument Sign, and terrific traffic exposure. **CalTrans estimates over 17,000 vehicles drive by per day!!**
Contract Information
Status: Closed
Sold Date: 2022-09-16
Under Contract Date: 2022-07-01
Sold Price: $850,000
List Date: 2022-05-09
Financial Info
Cap Rate: 4
Property Features
Business Type: Mixed; Office; Retail
Present Use: Beauty; Restaurant; Retail; Service
Parking: Common
Exterior: Block; Stucco; Wood; Other
Roof: Other
Expense Data Source: Books
Floors: Concrete; Wall to Wall Carpet
Owner Expenses: Advertisement; Insurance; Sewer; Trash; Water
Miscellaneous: Signage; Tenants
Utilities: Gas; Sewer; Telephone; Water
Available Terms: All Cash to Seller; New Loan; Submit
Photo: Agent Upload
Possession: Close of Escrow
Selling Terms: New Loan
Listing Office: Progressive Management Enterpr
Last Updated: August - 31 - 2024
Information deemed reliable but not guaranteed.