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Listed by Chris Haedrich • Capital Rivers Commercial
$1,500,000
Est. payment /mo
67,518 SqFt
Active
2010/2032 Pine ST Redding, CA 96001
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 67,518 sqft
Price per Sqft $22
MLS Listing ID 25-4944
Lot Size 1.550 Acres
Acres 1.55
Source Shasta Association of REALTORS®
Property Description
Ideally located mixed-use commercial land in Downtown Redding, CA ready for development. Consisting of 3/4 of a full commercial block, these two parcels are located within an opportunity zone and can be purchased together for a total of approximately 1.55 acres, or separately with the northern parcel consisting of approximately 1.03 acres and the southern parcel consisting of approximately 0.52 acres. And with the flexible zoning 'Downtown Mixed Use District - Specific Plan Overlay - Building Height Overlay' and excellent visibility between Downtown Redding's busiest streets, Market Street and Pine Street, the property is perfect for many developments and uses. Not to mention, the prior uses of the parcels included the Redding Inn Motel and the Darkside retail store, which together provide development fee credits totaling over $275,000 toward the next development. Curbs, gutters and sidewalks are already in place around the perimeter and all utilities are available at the site. Downtown Redding, CA has experienced impressive growth over the past 5 years and with the new Public Market opening, the downtown is seeing high demand for residential, retail, office and medical space.
Location
State CA
County Shasta
Direction From I-5 take Cypress Avenue exit west. Turn north on Pine Street and the property will be on your left, across the street from Evergreen Coffee Shop.
Building
Level or Stories NaN
Others
Senior Community No
Tax ID 101-750-012
Nearby Locations
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