1852 Buenaventura Boulevard, Redding, CA 96001

$2,250,000
12,440
SqFt

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List Price
$2,250,000
Status
ACTIVE
Price Change
▼ $50,000 1783993464
Days on Market
56
MLS#
26-2639
Square feet
12440
County
Shasta

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.

Additional Information

Days on market
56
Year built
2001
Acres
1.63
Roof
Other

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Calculator source: Real Geeks

Listing courtesy of C21 Select Real Estate, Inc..