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    632 Main St

    Red Bluff, CA 96080
    • $1,249,000
    • STATUS: Active
    • ON SITE: 21 days
    • ID#: 20-5352
    UPDATED: 29 min ago
    $1,249,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 10,430
      SQFT
    • $120
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    RARE OPPORTUNITY!! Red Bluff Commercial Property portfolio comes to market featuring 4 well maintained, fully occupied buildings in the PRIME Historic Downtown. The portfolio benefits from 7 SEPARATE income streams providing over $121,000 in gross annual income and a very attractive 7.13% CAP Rate. Each building has been care for and upgraded providing ownership with lower maintenance and overhead costs. Current tenants are all on secure leases and want to stay for many years to come. Portfolio Includes: 328-340 Oak St. 705 Pine St, 717-723 Pine St. & 623 Main St. Upside Potential includes the ability to divide spaces into additional rentable units!!! *DO NOT Disturb Tenants! Call Office for more information and questions.

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    IDX information © 2020 Shasta Association of Realtors MLS. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2020-11-26T09:59:23.973.

    Licensed in the State of California.
    www.search530.com/homes/111618556
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    632 Main St Red Bluff, CA 96080

    • Price: $1,249,000
    • Status: Active
    • Updated: 29 min ago
    • ID#: 20-5352
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    10,430
    SQFT
    $120
    $/SQFT
    Neighborhood:
    71 - NE Red Bluff
    County:
    Tehama
    Area:
    71 - NE Red Bluff
    Property Description
    RARE OPPORTUNITY!! Red Bluff Commercial Property portfolio comes to market featuring 4 well maintained, fully occupied buildings in the PRIME Historic Downtown. The portfolio benefits from 7 SEPARATE income streams providing over $121,000 in gross annual income and a very attractive 7.13% CAP Rate. Each building has been care for and upgraded providing ownership with lower maintenance and overhead costs. Current tenants are all on secure leases and want to stay for many years to come. Portfolio Includes: 328-340 Oak St. 705 Pine St, 717-723 Pine St. & 623 Main St. Upside Potential includes the ability to divide spaces into additional rentable units!!! *DO NOT Disturb Tenants! Call Office for more information and questions.
    Exterior Features

    Parking CommonOff StreetOn Street

    Property Features

    Business Type OfficeRetail Expense Data Source Accountant GPZone And C-1 - General Commercial Possession Arrange Present Use OfficeRetail Type Co Year Built Description 30+ Zoning Redding Rs-2 Single Family Residential

    Listing provided courtesy of Nick Kerley of Realty 110, Inc..


    IDX information © 2020 Shasta Association of Realtors MLS. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2020-11-26T09:59:23.973.

    Licensed in the State of California.
     
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    Waterman Real Estate
    1760 Churn Creek Rd.
    Redding CA, 96002