905 E Cypress Ave, Redding, CA 96002
Property Type:
Commercial Land
Lot Size (sq. ft.):
79,715
Status:
Closed
Current Price:
$2,100,000
List Date:
4/05/2023
Last 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
Listing Office: Northstate Commercial Partners
Last Updated: October - 27 - 2023
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.