1420 Butte Street
$1,462,500
1420 Butte Street, Redding, CA 96001
6,500 sqft
Building Size
0.1569 acres
Lot Area
Details:
Highlights:
- ±6,500 SF multi-tenant building in the center of Downtown Redding’s revitalized core.
- Directly across from Redding Public Market, opening 2025.
- Next to public parking structure with over 400 spaces.
- High foot and vehicle traffic in downtown Redding core.
- Cap Rate: 6.4%
- Year Built: 1976, renovated in 2023
Description:
1420 Butte Street is a ±6,500 square foot multi-tenant commercial building in the heart of downtown Redding, CA. The property includes four suites, two of which are leased (±2,500 SF) and two vacant (±4,000 SF), offering flexibility for owner occupancy or investment. Located adjacent to Whistle Stop park and priced at $225 per square foot, the building is below recent comparable sales and replacement cost. Zoned for commercial use, it offers strong visibility and steady income with a 6.4% estimated cap rate.
Directly across from the Redding Public Market opening in September 2025 and next to a 400 space public parking garage, this location benefits from constant pedestrian and vehicle traffic. Nearby landmarks include City Hall, Shasta College’s downtown campus, and a variety of dining and retail options. The property also offers convenient access to State Routes 44 and 273, enhancing its accessibility and long term appeal.
Documents:
| Title | ||
|---|---|---|
| 1420Butte-Redding_Brochure-Sale.pdf |
Location
Gallery
