1224 Market Street - Health Care FOR SALE


Redding, CA 96003 | 
$2,899,000 USD
949-274-2089
1224 Market Street, Redding, CA for Sale
$2,899,000 USD
Health Care - FOR SALE
1/1
null | Request Cap Rate

NEW


1224 Market Street
Redding, CA 96003


HIGHLIGHTS

  • Real estate + operating business + FF&E included
  • Licensed for 17 non-ambulatory residents
  • Bedridden, hospice and dementia care waivers

OVERVIEW

Facility Features: The property includes a commercial kitchen, dining area, resident living/common areas, an administrative office, a laundry room, landscaped grounds, and a gated rear yard with a covered outdoor gathering space. Resident rooms are configured as private suites, generally sharing Jack-and-Jill style bathrooms between two rooms. The building is fire-sprinklered and includes central heating and air-conditioning systems. Financial Overview: The business has demonstrated improving operating performance. 2024 Revenue: $960,900 2025 Revenue: $989,559 January–June 2026 Revenue: $568,214 Reported first-half 2026 net income was approximately $77,753. After owner-reported discretionary and normalization adjustments, adjusted earnings for the first six months of 2026 were approximately $160,953. Additional financial statements, operating information, and supporting documentation are available to qualified purchasers following execution of an NDA. Confidentiality: This is a confidential operating senior-care facility. Do not contact the facility, employees, residents, or families, and do not visit the property without a scheduled appointment. A signed Non-Disclosure Agreement (NDA) and evidence of financial capability may be required before release of the property address, detailed financial statements, appraisal, licensing documents, and additional due diligence materials. Broker inquiries only through The Homewell Group. Investment highlights o 17 licensed beds – all private rooms o Approximately 4,825 SF single-story facility o Approximately 29,440 SF / 0.68-acre site o Purpose-built in 2008 o Real estate + operating business + FF&E included o Licensed for 17 non-ambulatory residents o 3 bedridden approvals o 3-bed hospice waiver o Dementia-care capability o Approximately 94% historical occupancy o 16 of 17 beds occupied at the July 2026 licensing inspection o Zero deficiencies cited during the July 2026 CCLD annual inspection o Existing staff expected to remain through transition o Owner retiring o Independent May 2026 appraisal concluded a $2,790,000 going-concern value o Potential SBA acquisition financing opportunity for qualified purchasers, subject to lender underwriting and approval

FOR SALE DETAILS

PRICE

$2,899,000 USD

PRICE/SF

$601 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Health Care

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

RM-10

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Ken MossThe Homewell GroupMore Info
949-274-2089

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Ken MossThe Homewell GroupMore Info
949-274-2089

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.