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$ 2,300,000
Est. payment | /mo
1.63 Acres Lot
$ 2,300,000
Est. payment | /mo
1.63 Acres Lot
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID SN26116103
HOA Y/N No
Year Built 2001
Lot Size 1.630 Acres
Property Sub-Type Retail
Property Description
This exceptional investment opportunity offers two well-maintained commercial buildings (1852 & 1872 Buenaventura) situated on two parcels totaling approximately 1.63 acres in a highly desirable Redding location. The Gateway Plaza property consists of five tenant units with a combined building area of 12,440+/- square feet, that includes a 7,500+/-square-foot building and a 4,940+/-square-foot building. Featuring 53 on-site parking spaces, the property has been updated and professionally maintained, providing investors with a quality asset requiring minimal immediate capital improvements. Located on Buenaventura Boulevard, one of Redding's primary corridors, the property benefits from great visibility, strong traffic counts, and convenient access from Hwy 273 (S. Market St) and Highway 299. Surrounded by established residential communities and complementary businesses, the site has a strategic position that supports tenant demand and long-term value. This rare offering presents an excellent opportunity to acquire a multi-tenant investment in a quality location with strong income-producing potential and future growth opportunities.
Location
State CA
County Shasta
Interior
Fireplace No
Laundry None
Building
Lot Description Landscaped, Level, Street Level
Story 1
Water Public
Others
Tax ID 108430061000
Special Listing Condition Standard
Listed by Kimberly Shaffer Century 21 Select Real Estate, Inc. 530-680-7685, DRE #01415693
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