$1,550,000
Redding, CA 96002
MLS# 16-3815
Status: Closed
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Property Description
PROPERTY IS VERY WELL MAINTAINED WITH NEW SECURITY AND ENTRANCE FACILITY COMPLETED LAST YEAR. THE VACANCY IN 2015 WAS APPROXIMATELY 8%. SO FAR THIS YEAR THE VACANCY IS LESS THAN 3%. SELLERS WILL LEASE BACK THEIR OFFICE SPACE IF BUYER SO DESIRES.
Details
Maps
Address Information
Cross Street: VICTOR AVE.
Street Number: 1640
Street Name: CYPRESS AVE
State/Province: CA
Postal Code: 96002
County: Shasta
Property Description
Type: ER
List Price: 1600000
Parcel Number: 067-080-016
Sq Ft - Building: 23900
SqFt - Bldg Rentable: 23900
Sq Ft - Lot: 46600
SqFt - Bldg Usable: 23900
GP Zone: RED HC - Heavy Commercial
Zoning: RED - C-3 - Heavey CM and Light Indust Dist
Year Built Desc: 21-30 Years
Current Price: $1,550,000
Area: 02 - NE Redding
Remarks
Public Remarks: PROPERTY IS VERY WELL MAINTAINED WITH NEW SECURITY AND ENTRANCE FACILITY COMPLETED LAST YEAR. THE VACANCY IN 2015 WAS APPROXIMATELY 8%. SO FAR THIS YEAR THE VACANCY IS LESS THAN 3%. SELLERS WILL LEASE BACK THEIR OFFICE SPACE IF BUYER SO DESIRES.
Directions: FROM I-5 TRAVEL EAST ON EAST CYPRESS AVE. PROPERTY IS ON LEFT JUST WEST OF VICTOR AVE.
Business Type
Mini Storage: 1
Office: 1
Sub Zoning
Conforming: 1
Present Use
Mini Storage: 1
Office: 1
Exterior
Stucco: 1
Metal: 1
Roof
Metal: 1
Tile: 1
Floors
Concrete: 1
Wall to Wall Carpet: 1
Parking
# Off Street Spaces: 10
# On Street Spaces: 6
Sale Inclusions
Business: 1
Equipment: 1
Land: 1
Trade Fixtures: 1
Lease Type
Modified Gross: 1
Miscellaneous
Burglar Alarm: 1
Fire Alarm: 1
Signage: 1
Storage: Covered
Truck Door Height: 10'
Lease Term
Varies: 1
Utilities
110V: 1
220V: 1
Gas: 1
Public Water: 1
Separate Meter: 1
Sewer: 1
Storm Sewer: 1
Available Terms
All Cash to Seller: 1
Cash to New Loan: 1
Expense Data Source
Owner Actual: 1
Heat/Cool
Central Air: 1
Central Heat: 1
Forced Air: 1
Heat Pump: 1
Possession
Close of Escrow: 1
Selling Terms
Exchange: 1
Financial Info
Complete Package: Yes
Include Vacancy: Yes
Contract Information
Status: Closed
Sold Date: 2016-12-16
Under Contract Date: 2016-11-17
Sold Price: $1,550,000
List Date: 2016-08-01
Property Features
Business Type: Mini Storage; Office
Present Use: Mini Storage; Office
Sale Inclusions: Business; Equipment; Land; Trade Fixtures
Sub Zoning: Conforming
Exterior: Metal; Stucco
Roof: Metal; Tile
Lease Term: Varies
Lease Type: Modified Gross
Expense Data Source: Owner Actual
Floors: Concrete; Wall to Wall Carpet
Miscellaneous: Burglar Alarm; Fire Alarm; Signage
Utilities: 110V; 220V; Gas; Public Water; Separate Meter; Sewer; Storm Sewer
Available Terms: All Cash to Seller; Cash to New Loan
Possession: Close of Escrow
Selling Terms: Exchange
IDX
Listing Office: TERRA PROPERTIES
Last Updated: November - 01 - 2024
Information deemed reliable but not guaranteed.
