Bought with Cox Real Estate Consultants, INC.
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Key Details
Sold Price $1,375,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 6,500 sqft
Price per Sqft $211
MLS Listing ID 25-3057
Sold Date 11/21/25
Source Shasta Association of REALTORS®
Property Description
First time offered for sale, 1420 Butte Street, in the heart of Redding, California's downtown core, is a multi-tenant commercial building with approximately 6,500 square feet directly across from the new Redding Public Market slated to open September 2025, and directly adjacent to the new Whistle Stop park with outdoor stage. This building is currently divided into 4 suites, two of which are occupied (representing approximately 2,500sf), and the remaining 4,000 square feet purposefully kept vacant to provide flexibility to the next owner. Providing an excellent owner occupant opportunity with existing income to lower occupancy costs, or a fantastic investment opportunity, this building has high visibility for both vehicle and foot traffic, not to mention it is located directly next to the downtown parking structure with over 400 parking spaces. Offered at just $225/sf, the building is below recent comparable property sales and well below replacement costs. Rare opportunity to own a commercial building in the heart of it all!
Location
State CA
County Shasta
Direction From I5 take Hwy 44 west to California St, turning left then turn left again at Butte St. Property will be on your left.
Building
Level or Stories NaN
Others
Senior Community No
Tax ID 101-790-022
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