1852 Buenaventura, Redding, CA, CA 96001
- $2,250,000
- List Price
- $2,250,000
- Price Change
- ▼ $50,000 1784000160
- Status
- ACTIVE
- MLS#
- SN26116103
- County
- Shasta
- Year Built
- 2001
- Square Feet
- 12,440
- Lot Size (acres)
- 1.63
- Lot Location
- Landscaped, Level, Street Level
- Days on Market
- 58
- Property Type
- Commercial
- Property Sub Type
- Retail
Property Description
This exceptional investment opportunity offers two well-maintained commercial buildings (1852 & 1872 Buenaventura) situated on two parcels totaling approximately 1.63 acres in a highly desirable Redding location. The Gateway Plaza property consists of five tenant units with a combined building area of 12,440+/- square feet, that includes a 7,500+/-square-foot building and a 4,940+/-square-foot building. Featuring 53 on-site parking spaces, the property has been updated and professionally maintained, providing investors with a quality asset requiring minimal immediate capital improvements. Located on Buenaventura Boulevard, one of Redding's primary corridors, the property benefits from great visibility, strong traffic counts, and convenient access from Hwy 273 (S. Market St) and Highway 299. Surrounded by established residential communities and complementary businesses, the site has a strategic position that supports tenant demand and long-term value. This rare offering presents an excellent opportunity to acquire a multi-tenant investment in a quality location with strong income-producing potential and future growth opportunities.
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Additional Information
- Parcel Number
- 108430061000
- Gross Scheduled Income
- $244,751
- Operating Expense
- 73502
- Net Operating Income
- $171,249
- Lot Features
- Landscaped, Level, Street Level
- Water
- Public
Listing courtesy of Listing Agent: Kimberly Shaffer (kimsellschico@gmail.com) from Listing Office: Century 21 Select Real Estate, Inc..
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.