Commercial Building near promenade and Cascade Theater

1700 Market Street, Redding, CA

$1,250,000

Price

26,585 sqft

Building Size

100%

Occupancy

Overview
Building Size
26,585 sqft
Occupancy
100%
Class
C
Year Built
1959
Floors
2
Description

This building was extensively remodeled in 1979 and includes 14,000sf of rentable space at street grade and additional 14,000sf in the basement. There is one access point on Placer Street and two entrances on Market Street. The entire building is fire sprinklered.

This building was extensively remodeled in 1979 and includes 13,970 sq. ft. of rentable space at street grade and additional 12,615 sq. ft. in the fully improved basement. There is one access point on Placer Street and two entrances on Market Street. The entire building is fire sprinklered.

The property is zoned CBD-SP-BH (Commercial Business District of the Downtown Specific Plan, and provides no off-street parking, which conforms to the CBD-SP zoning.

In addition, the building adjacent to the building is available and leased to Capones Bar and a Dance Studio. Each suite is 3,500 sq. ft. and the entire building is 7,000 sq. ft. The dance studio is on a month-month lease and the bar's lease expires in March of 2019.

The property is located on the southwest corner of Placer and Market Streets in Downtown Redding. The most prominent and exposed corner in all of downtown Redding. Directly on a three way stop and across from the Cascade Theater.

110V; Data Link: CABLE; Public Water; Sewer; Telephone; Central Air; Central Heat

Highlights
  • Nearby newly improved commercial developments
  • In a convenient part of downtown
  • Easily accessed
  • Lots of parking in parking structure
  • Adjacent building also available for sale.
Documents

Location
Gallery