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    638 Azalea Ave

    Redding, CA 96002
    • $2,200,000
    • STATUS: Active
    • ON SITE: 35 days
    • ID#: 20-4587
    UPDATED: 46 min ago
    $2,200,000
    • 0
      BEDS
    • 1.5
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 22,000
      SQFT
    • $100
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    Hilltop Professional Building. 22 Tenant, 2-story, commercial/office investment. 91% occupied with stable rental history (rarely vacant). 4 separate legal parcels. Annual NOI = $140,000. 6.4% cap rate. Full package available subject to NDA.

    Monthly Payment Calculator



    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: 2020-10-24T17:59:12.33.

    Licensed in the State of California.
    www.search530.com/homes/110161561
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    638 Azalea Ave Redding, CA 96002

    • Price: $2,200,000
    • Status: Active
    • Updated: 46 min ago
    • ID#: 20-4587
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.5
    Acres
    22,000
    SQFT
    $100
    $/SQFT
    Neighborhood:
    02 - NE Redding
    County:
    Shasta
    Area:
    02 - NE Redding
    Property Description
    Hilltop Professional Building. 22 Tenant, 2-story, commercial/office investment. 91% occupied with stable rental history (rarely vacant). 4 separate legal parcels. Annual NOI = $140,000. 6.4% cap rate. Full package available subject to NDA.
    Exterior Features

    Exterior StuccoWood Lot Dim Or Acres 1.5 Parking Conforms To ZoningOff Street Parking Private Spaces 45.00 Roof Composition

    Interior Features

    Floors ConcreteWood Heat Cool Central AirCentral Heat Sq Ft Bldg Rentable 22000.00 Sq Ft Bldg Usable 25000.00

    Property Features

    Addl Lease Info Tenants 22.00 Available Terms CashCash To New Loan Business Type OfficeRetail Expense Data Source Broker EstimateOwner Actual GPZone Red Gc - General Commercial Lease Term 1 - 2 Years Lease Type Gross Possession Close Of Escrow Present Use BeautyHealthMedical/DentalOffice Sale Inclusions Lease Type Ci Utilities 110V220VGasSeparate MeterSewerTelephoneWater Year Built Description 30+ Zoning Red - B - Combining District

    Listing provided courtesy of Ken Miller of Northstate Commercial Partners.


    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: 2020-10-24T17:59:12.33.

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