916 & 926 Cypress Ave, Redding, CA 96002
$1,165,000
Property Type:
Comm/Industrial
Square Footage:
13,673
Lot Size (sq. ft.):
59,677
Status:
Closed
Current Price:
$1,165,000
List Date:
8/22/2024
Last Modified:
7/24/2025
Description
Exceptional investment opportunity in the center of Redding, CA! Two high occupancy retail buildings totaling 13,392 SF in the center of the city. This prime location on E Cypress Ave, near the intersection of Churn Creek Rd and close to I-5, ensures excellent visibility and high foot traffic, making it a sought-after destination for retail and office tenants.
The property features 916 E Cypress Ave with 9,360 SF of office/retail space and 926 E Cypress Ave with 4,032 SF of office/retail space. Spaces in these size ranges and location are in high demand, resulting in consistently low vacancy rates.
See Documents for Rent Roll and Expense Info
More Information MLS# 24-3632
Address Information
Street Number: 916 & 926
Street Name: Cypress Ave
Cross Street: Larkspur Ln.
State/Province: CA
Postal Code: 96002
County: Shasta
Property Description
Current Price: $1,165,000
Type: C
Area: 03 - SE Redding
List Price: 1425000
Parcel Number: 107-220-054
Sq Ft - Building: 13673
Sq Ft - Lot: 59677
Lot Dim or Acres: 1.35
GP Zone: RED GC - General Commercial
Zoning: Redding GC-VR-BH General Commercial Visitor Retail Building Height
Year Built: 1960
Year Built Desc: 30+
Remarks
Public Remarks: Exceptional investment opportunity in the center of Redding, CA! Two high occupancy retail buildings totaling 13,392 SF in the center of the city. This prime location on E Cypress Ave, near the intersection of Churn Creek Rd and close to I-5, ensures excellent visibility and high foot traffic, making it a sought-after destination for retail and office tenants.
The property features 916 E Cypress Ave with 9,360 SF of office/retail space and 926 E Cypress Ave with 4,032 SF of office/retail space. Spaces in these size ranges and location are in high demand, resulting in consistently low vacancy rates.
See Documents for Rent Roll and Expense Info
Directions: NE corner of Larkspur Ln And Cypress Ave. Cypress Colony is strategically positioned near the bustling intersection of E Cypress Ave and Churn Creek Rd,.Contract Information
Listing Contract Date: 2024-08-20
Status: Closed
Sold Date: 2024-10-30
Under Contract Date: 2024-09-24
Sold Price: $1,165,000
List Date: 2024-08-22
Parking
# Off Street Spaces: 59
Property Features
Business Type: Office; Retail
Present Use: Office; Restaurant; Retail
Parking: Common
Sale Inclusions: Lease
Exterior: Stucco
Roof: Metal
Lease Term: Varies
Lease Type: Modified Gross
Utilities: Public Water; Sewer
Photo: Agent Upload
Possession: Close of Escrow
Selling Terms: New Loan
Listing Office: Cox Real Estate Consultants, INC.
Last Updated: July - 24 - 2025
Information deemed reliable but not guaranteed.