924-928 W Cypress Ave, Redding, CA 96001
$725,000
Property Type:
Comm/Industrial
Square Footage:
9,730
Status:
Pending
Current Price:
$725,000
List Date:
1/27/2024
Last Modified:
10/07/2024
Description
Great exposure off Cypress Avenue. Strong traffic demand. Single story strip center.
Multi-use building. Back fenced-in area with additional parking. Iron fencing/gates for additional security. 9,730 sq. ft. for less than $79.00 per sq. foot. Two thirds of building is currently occupied. Roof is 5 years old. Unit 926 (2150 sq. ft.) is vacant. Current income $4,850 per month.
More Information MLS# 24-440
Address Information
Street Number: 924-928
Street Name: W Cypress Ave
Cross Street: South Market
State/Province: CA
Postal Code: 96001
County: Shasta
Property Description
Current Price: $725,000
Type: C
Area: 04 - SW Redding
List Price: 725000
Parcel Number: 102-450-007
Sq Ft - Building: 9730
Lot Dim or Acres: 185x189
GP Zone: RED GC - General Commercial
Zoning: Redding GC General Commercial
Year Built Desc: 30+
Remarks
Public Remarks: Great exposure off Cypress Avenue. Strong traffic demand. Single story strip center.
Multi-use building. Back fenced-in area with additional parking. Iron fencing/gates for additional security. 9,730 sq. ft. for less than $79.00 per sq. foot. Two thirds of building is currently occupied. Roof is 5 years old. Unit 926 (2150 sq. ft.) is vacant. Current income $4,850 per month.
Directions: Exit I-5 heading west on Cypress Ave. Property is on the right, before Pine Street and Safeway. Located directly behind Chase Bank.
Contract Information
Listing Contract Date: 2024-01-27
Status: Pending
Under Contract Date: 2024-10-05
List Date: 2024-01-27
Property Features
Business Type: Office; Retail
Present Use: Fitness; Resort/Recreation; School
Parking: Off Street
Sale Inclusions: Land
Sub Zoning: Conforming
Exterior: Block
Roof: Other
Lease Type: Cost of Living
Floors: Concrete
Owner Expenses: Sewer; Taxes; Trash; Water
Miscellaneous: Signage; Smoke Detector; Tenants
Utilities: Gas; Public Water; Separate Meter; Sewer
Available Terms: All Cash to Seller; New Loan
Possession: Close of Escrow
Listing Office: House of Realty
Co Office Name: House of Realty
Co Listing Agent: Joyce Middleton
Last Updated: October - 07 - 2024
Information deemed reliable but not guaranteed.