1335 Yuba Street, Redding, CA 96001

Property Description

Downtown core parking lot with existing income stream. One of the last undeveloped pieces of land in the downtown core. At nearly a half acre this parcel can be developed vertically into almost any use because of the unique mix use downtown specific plan zoning. But wait there's more this parcel currently has an income stream of $17,540 per year from an underground AT&T lease. Pair that with the 39 private parking spots that can also produce income and you have a nice cash flow to enjoy while you plan your future development project.