100% Occupied Mixed Use Building in Downtown Redding

$585,000

1071 and 1079 Market St, Redding, CA 96001

For Sale

Retail Free Standing

Active

Last Updated: 04/09/2025

Details:

Building Size: 3,918 sqft

Lot Area: 0.18 acres

Occupancy: 100%

Year Built: 1925

Floors: 2

Offered by Broker

Jess Whitlow

Broker Associate

Cox Real Estate Consultants Inc.

#01941996

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Highlights:

100% Occupied
High exposure store front retail spaces
Traffic counts of 16,000 vehicles per day
Roll up door for convenient loading
Off street private parking lot with 12 spaces
Flexible commercial lease terms - use property for your own business or continue to lease out
Residential units upstairs make great apartments or short term rentals

Description:

3918 SF building with two leased residential apartments upstairs, one 2br, 1 ba and one 1br 1 ba with bonus room and two commercial spaces on the ground floor currently leased on MTM basis below market rent. Occupy one or both of the commercial spaces for your business and lease out the rest for income in your investment portfolio. Each of the 4 units has its own electric meter. Annual Gross Rents: $56,880 GRM 10.28

Hwy 44 West exit on to Shasta St. Turn Right on Pine. Turn left on Eureka Way. Turn Right on Market Street/Hwy 273. Property is on the right hand side shortly after Trinity St.