$3,310,000
Redding, CA 96002
MLS# 17-1587
Status: Closed
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Property Description
Class A office building located in central Redding. The two story steel frame, brick exterior office building was built in 1998. The professional office building is serviced with an elevator and 93 parking spaces. The building is fully sprinklered. Click more for additional details
Details
Maps
Address Information
Cross Street: Industrial Street
Street Number: 2195
Street Name: Larkspur Ln
State/Province: CA
Postal Code: 96002
County: Shasta
Property Description
Type: A
List Price: 3400000
Parcel Number: 107-190-035-000
Lot Dim or Acres: 75,359
Sq Ft - Building: 29632
Sq Ft - Lot: 75359
GP Zone: RED GO - General Office
Zoning: SC - C-O - Office Commercial Dist
Year Built Desc: 11-20 Years
Current Price: $3,310,000
Area: 03 - SE Redding
Year Built: 1998
Remarks
Public Remarks: Class A office building located in central Redding. The two story steel frame, brick exterior office building was built in 1998. The professional office building is serviced with an elevator and 93 parking spaces. The building is fully sprinklered. Click more for additional details
Directions: Located on the north east corner of Industrial and Larkspur Lane.
Business Type
Office: 1
Present Use
Office: 1
Exterior
Block: 1
Roof
Composition: 1
Floors
Wall to Wall Carpet: 1
Parking
Common: 1
Conforms to Zoning: 1
Off Street: 1
Sale Inclusions
Lease: 1
Lease Type
Modified Gross: 1
Miscellaneous
Elevator: 1
Lease Term
1 - 2 years: 1
6 - 10 Years: 1
Addl Lease Info
# of Tenants: 2
Utilities
Gas: 1
Public Water: 1
Separate Meter: 1
Storm Sewer: 1
Available Terms
All Cash to Seller: 1
Cash: 1
Cash to New Loan: 1
Heat/Cool
Central Air: 1
Central Heat: 1
Possession
Close of Escrow: 1
Photo
Agent Upload: 1
Selling Terms
New Loan: 1
Contract Information
Status: Closed
Sold Date: 2017-11-01
Under Contract Date: 2017-09-11
Sold Price: $3,310,000
List Date: 2017-04-05
Property Features
Business Type: Office
Present Use: Office
Parking: Common; Conforms to Zoning; Off Street
Sale Inclusions: Lease
Exterior: Block
Roof: Composition
Lease Term: 1 - 2 years; 6 - 10 Years
Lease Type: Modified Gross
Floors: Wall to Wall Carpet
Miscellaneous: Elevator
Utilities: Gas; Public Water; Separate Meter; Storm Sewer
Available Terms: All Cash to Seller; Cash; Cash to New Loan
Photo: Agent Upload
Possession: Close of Escrow
Selling Terms: New Loan
Supplements
The subject site is irregular in shape and is approximately 1.73 acres or 75,350 square feet. Access to the site is from Industrial Street to the south and Executive Way to the North. The topography of the site is level with street grade. The site is serviced by City of Redding utilities, including sewer, water, and electricity. Natural gas is provided by PG&E and telephone service is provided by AT&T.
The building is primarily occupied by Academy of Personalized Learning (APL), which occupies the entire first floor and a portion of the second floor. The second tenant is DealerTeam.com and they occupy a smaller professional office on the second floor. The remaining vacant space is located on the second floor and is approximately 3,357 square feet. The leases in place are modified gross, which is typical for the Redding market.
IDX
Listing Office: Haedrich & Co., Inc.
Last Updated: September - 01 - 2024
Information deemed reliable but not guaranteed.
