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955 Main Street

Red Bluff, CA 96080
  • $1,750,000
  • STATUS: Active
  • ON SITE: 62 Days
  • ID#: SN23180073
UPDATED: 48 min ago
$1,750,000
  • 0
    BEDS
  • 0.79
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1982
County:

School Ratings & Info

Listing Agent(s): Brandon Harris of Harris Commercial Real Estate (530-419-1600)


Description

Very well maintained multi-tenant office building located on Main Street (State Highway 36) in Red Bluff, California. Formerly occupied by a Bank of America branch, this 18,105 SF building currently has two tenants occupying approximately 32% of the building with the former bank suite available for re-tenanting. The sale includes the main parcel with the building as well as two additional parcels that are fully improved for parking. The property is zoned C-3 (General Commercial) which allows for many uses including retail, office, services, and assembly related activities. Originally built in 1982, the building was fully renovated in 2001 for the bank and still has many of the tenant installations including the vault. There is a second floor for additional administrative offices and storage uses and the building has multiple ground floor entrances that have been upgraded to be ADA compliant. The parcel is located on the hard corner of the signalized intersection of Main and Cedar Streets and has four total points of ingress/egress, one on each of the four sides of the city block, allowing for very easy vehicular access. The building would be suitable for an investor looking to re-tenant or an owner/user looking to remodel for any number of uses from professional services to medical/dental.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-11-28T07:33:41.617. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or EQTY | Forbes Global Properties. Licensed in the State of California, USA.
www.thecharlieprice.com/homes/143745759
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955 Main Street Red Bluff, CA 96080

  • Price: $1,750,000
  • Status: Active
  • On Site: 62 Days
  • Updated: 48 min ago
  • ID#: SN23180073
0
Beds
0
Baths
0
½ Baths
0.79
Acres
1982
Built
County:
Tehama
Property Description
Very well maintained multi-tenant office building located on Main Street (State Highway 36) in Red Bluff, California. Formerly occupied by a Bank of America branch, this 18,105 SF building currently has two tenants occupying approximately 32% of the building with the former bank suite available for re-tenanting. The sale includes the main parcel with the building as well as two additional parcels that are fully improved for parking. The property is zoned C-3 (General Commercial) which allows for many uses including retail, office, services, and assembly related activities. Originally built in 1982, the building was fully renovated in 2001 for the bank and still has many of the tenant installations including the vault. There is a second floor for additional administrative offices and storage uses and the building has multiple ground floor entrances that have been upgraded to be ADA compliant. The parcel is located on the hard corner of the signalized intersection of Main and Cedar Streets and has four total points of ingress/egress, one on each of the four sides of the city block, allowing for very easy vehicular access. The building would be suitable for an investor looking to re-tenant or an owner/user looking to remodel for any number of uses from professional services to medical/dental.
Exterior Features

Entry Level 1 Lot Features Near Public Transit

Property Features

Additional Parcels YN No Cap Rate 9.36 Common Interest None Laundry Features None Listing Agreement Exclusive Right To Sell Net Operating Income 163822 Number Of Units Leased 2 Operating Expense 70806 Property Sub Type Office Special Listing Conditions Standard Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-11-28T07:33:41.617. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or EQTY | Forbes Global Properties. Licensed in the State of California, USA.
 
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EQTY | Forbes Global Properties
1100 Newport Center Drive, Suite 110
Newport Beach CA, 92660
Listing Agent(s): Brandon Harris of Harris Commercial Real Estate (530-419-1600)