Redding, CA 96001 1852 Buenaventura
$2,300,000



18 more


















Presented By: Kimberly Shaffer with Century 21 Select Real Estate, Inc.; 530-680-7685
Home Details
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.
Presented By: Kimberly Shaffer with Century 21 Select Real Estate, Inc.; 530-680-7685
Interior Features for 1852 Buenaventura
Other Interior Features
Laundry FeaturesNone
Total Stories1
Other Rooms
Entry Level1
General for 1852 Buenaventura
Additional Parcels Description108430049
Additional Parcels Y/NYes
Building Area UnitsSquareFeet
Cap Rate7
CityRedding
CountyShasta
DirectionsExit I5 off Buenaventura blvd.
Lot Size Square Feet71002.8
Lot Size UnitsAcres
Net Operating Income171249
Occupancy TypeTenant
Operating Expense73502
PostalCityREDDING
Property Sub Type AdditionalRetail
Property SubtypeRetail
Property TypeCommercialSale
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Year Built2001
Year Built SourcePublicRecords
Exterior for 1852 Buenaventura
Building Area Total12440
Lot FeaturesLandscaped, Level, StreetLevel
Lot Size Acres1.63
Lot Size Area1.63
Lot Size SourceAssessor
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Josh Russell
Realtor®

SQFT • 12,440