Buenaventura FOR SALE


Redding, CA
$2,300,000 USD
530-680-7685
, Redding, CA for Sale
$2,300,000 USD
FOR SALE
1/23
null | 7% Cap Rate

Buenaventura
Redding, CA


HIGHLIGHTS

  • Strong traffic counts
  • 5 Rental units

OVERVIEW

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, which 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.

ASK ABOUT THIS PROPERTY

Kimberly Babb-ShafferCentury 21 Select Real EstateMore Info
530-680-7685

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Kimberly Babb-ShafferCentury 21 Select Real EstateMore Info
530-680-7685

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