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The Basement

$500 to $1,200/mo

1320 Yuba Street, Redding, CA 96001

Active
Last Updated: 04/28/2025

6.44

Cap Rate

253,175.85

NOI

Details:
Cap Rate:    6.44%
NOI:    $253,175.85
Building Size:    24,500 sqft
Lot Area:    1.1019 acres
Occupancy:    93%
Year Built:    1956
Floors:    3
Parking Spots:    30
Highlights:
  • Multi-Tenant Building in Downtown Redding Opportunity Zone
  • Favorable zoning allows for excellent flexibility in uses (office, retail, residential, mixed use, etc.)
  • 90% leased building at below market rents (several leases currently include utilities)
  • Surrounded by over $300 million dollars in recent development projects & the new Redding Public Market
  • Downtown Redding is experiencing historically low vacancy
Description:

Join “The Basement,” a collection of collaborative and creative suites located in the center of Downtown Redding. These affordable workspaces provide high-quality finishes at a fraction of the typical cost, making them a smart option for professionals, creatives, and entrepreneurs alike. The building is home to a diverse group of successful individuals, creating a setting that fosters connection and collaboration. Situated within walking distance to Redding’s shops, restaurants, and nightlife—and immediately adjacent to the soon-to-open Redding Public Market—this location offers both convenience and energy.

Tenants benefit from a well-maintained, secure environment featuring private off-street parking, smartphone-secured entry, and guest intercom access. A digital tenant directory provides easy navigation for visitors while supporting a modern, professional image. Whether you’re seeking a functional office, a podcast studio, creative production space, or climate-controlled storage, “The Basement” offers flexible solutions with utilities included in the rent.

Map:
5 Spaces Available

Suite B-1, B-1, Basement Unknown Sub Type

Available:
Immediately
Sublease:
No
SQFT
815

"The Basement at Yuba" features freshly renovated basement executive offices with new carpet, fresh paint, updated lighting, and remodeled common restrooms, all in a quiet professional setting in the heart of downtown Redding.

This suite has been uniquely finished for recording and or podcasting, with a podcasting booth inside the premises. Join the downtown action, but at a fraction of the cost. Monthly rent includes utilities.

    Suite B-3, B-3, Basement Building

    Available:
    Immediately
    Sublease:
    No
    SQFT
    315
    Lease Type:
    Gross

    "The Basement at Yuba" features freshly renovated basement executive offices with new carpet, fresh paint, updated lighting, and remodeled common restrooms, all in a quiet professional setting in the heart of downtown Redding. Join the downtown action, but at a fraction of the cost.

    This suite consists of a single private office and the monthly rent includes utilities.

      Suite B-5, B-5, Basement Building

      Available:
      Immediately
      Sublease:
      No
      SQFT
      600
      Lease Type:
      Gross

      "The Basement at Yuba" features freshly renovated basement executive offices with new carpet, fresh paint, updated lighting, and remodeled common restrooms, all in a quiet professional setting in the heart of downtown Redding. Join the downtown action, but at a fraction of the cost. Monthly rent includes utilities.

      This suite consists of 2 room, with an entry area with a wall and door separating a back office. This functional floor plan is ideal for an executive who has support staff and/or customers or clients who stop in and need a waiting area.

      Suite B-6, B-6, Basement Building

      Available:
      Immediately
      Sublease:
      No
      SQFT
      1,385
      Lease Type:
      Gross

      "The Basement at Yuba" features freshly renovated basement executive offices with new carpet, fresh paint, updated lighting, and remodeled common restrooms, all in a quiet professional setting in the heart of downtown Redding. Join the downtown action, but at a fraction of the cost. Monthly rent includes utilities.

      This suite consists of a large open room ready for your open collaborative floor plan, large workshop space with fire suppression sprinklers in place, or environmentally controlled storage space with the best security in town. Many uses possible with this very flexible suite.

        Suite B-10 "The Vault", B-10 Vault, Basement Building

        Available:
        Immediately
        Sublease:
        No
        SQFT
        1,100
        Lease Type:
        Gross

        Come join "The Basement" collaborative creative suites by leasing the "The Vault", the suite with the most character in the building. Consisting of the former Crocker Bank vault, this suite has all kinds of potential. A separate elevator is available specifically for this suite as well, which could be great for a speakeasy. Must see to truly experience the unique feel and potential of the space.

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