Current Price:$2,100,000 List Date:4/05/2023Last Modified:10/27/2023
Description
$30/SF. Two pads (0.92+/- acres ea.), side-by-side with tremendous visibility on Redding's busiest commercial arterial (Cypress Av.). Signalized corner, close to I-5. Neighbors include hotels, restaurants, gas stations, every national drug store, and 8 national, fast food drive-thrus. All utilities are accessible for connection and activation. The parcels are located directly in front of a planned, 3-story, extended-stay hotel brand (My Place). Price includes over $240,000 in fee credits that will substantially reduce the cost of construction (i.e. traffic impact fees, etc). Sidewalks, curbs, and gutters are in place. Parcels can be sold or ground leased together or separately.
More Information MLS# 23-1128
Address Information
Street Number: 905Street Name: E Cypress AveState/Province: CAPostal Code: 96002County: ShastaCross Street: Larkspur Lane
Property Description
Current Price: $2,100,000Status: ClosedList Price: 30Area: 03 - SE ReddingLot Size: 79714.80Lot Acres: 1.83Zoning: Redding GC General CommercialParcel Number: 107-060-042
Remarks
Directions: Corner of E. Cypress and Larkspur Lane
Contract Information
List Date: 2023-04-05Sold Date: 2023-10-23Under Contract Date: 2023-04-05Sold Price: $2,100,000SA Comm: 2.5SA Comm Type: %