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905 E Cypress Ave, Redding, CA 96002

$2,100,000
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

Address Information

Street Number: 905 Street Name: E Cypress Ave State/Province: CA Postal Code: 96002 County: Shasta Cross Street: Larkspur Lane

Property Description

Current Price: $2,100,000 Status: Closed List Price: 30 Area: 03 - SE Redding Lot Size: 79714.80 Lot Acres: 1.83 Zoning: Redding GC General Commercial Parcel Number: 107-060-042

Remarks

Directions: Corner of E. Cypress and Larkspur Lane

Contract Information

List Date: 2023-04-05 Sold Date: 2023-10-23 Under Contract Date: 2023-04-05 Sold Price: $2,100,000 SA Comm: 2.5 SA Comm Type: %

Property Features

Type: COMMER Road Surface: Asphalt Utilities Available: All Distance to Trans: 1/4 - 1/2 Mile Water: Lotline Sewer: Lotline Selling Terms: Cash; Exchange
Listing Office: Northstate Commercial Partners
Last Updated: October - 27 - 2023
905 E Cypress Ave, Redding, CA 96002- MLS# 23-1128
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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