1987 Hilltop Dr - Restaurant FOR SALE


Redding, CA 96002
$1,725,000 USD
530-605-5169
1987 Hilltop Dr, Redding, CA for Sale
$1,725,000 USD
Restaurant - FOR SALE
1/34
null | Request Cap Rate

1987 Hilltop Dr
Redding, CA 96002


HIGHLIGHTS

  • 19,602 ADT
  • 45' Pylon Sign
  • 210 Person Occupancy
  • Grease trap, hood, walk-in coolers, commercial oven

OVERVIEW

Discover an exceptional opportunity to own or lease an 8,287 SF freestanding retail building that can be converted to speciality use office, or medical space. Former use as a restaurant has left plenty of extra plumbing, sufficient electrical infrastructure, and multi-stall restrooms. Located in the heart of Redding, CA, this site would make it an ideal site for any retail use needing excellent exposure and high quantities of parking. Strategically positioned near I-5 and Highway 44 interchange, this property offers unbeatable accessibility and exposure. Featuring a prominent 45-foot pylon sign, the building delivers maximum visibility to thousands of passing vehicles daily. Ideal for businesses seeking strong brand presence and consumer reach. Flexible zoning supports a variety of uses, including retail, professional office, and medical office, making it a perfect fit for a wide range of operators. Seller Financing for Qualified Owner-Occupant Buyers: 40% down, 5.9 APR, Loan initiation fee 1%, 3 years term, amortized over 15 years.

FOR SALE DETAILS

PRICE

$1,725,000 USD

PRICE/SF

$208 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

100

LAND DETAILS

LAND ACRES

1.43 AC

LAND SF

62,291 SF

ZONING

GC-VR-BH

APN/PARCEL ID

107-310-040-000

ASK ABOUT THIS PROPERTY

Jessica WhitlowCox Real Estate Consultants Inc.More Info
530-605-5169

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Jessica WhitlowCox Real Estate Consultants Inc.More Info
530-605-5169

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