1335 Yuba St, Redding, CA 96001
0.48 Acres of Commercial Land Offered at $850,000 USD in Redding, CA 96001
For Sale
Active
Asking Price $850,000
- Property Type
-
Land
- Square Feet
- 20,909 SF
Listing Contacts
John Skaife
Property Overview
Downtown core parking lot with existing income stream. One of the last undeveloped pieces of land in the downtown core. At nearly a half acre this parcel can be developed vertically into almost any use because of the unique mix use downtown specific plan zoning. But wait there's more this parcel currently has an income stream of $17,540 per year from an underground AT&T lease.
Lease term runs through 2032 . Pair that with the 39 private parking spots that can also produce income and you have a nice cash flow to enjoy while you plan your future development project.
Lease term runs through 2032 . Pair that with the 39 private parking spots that can also produce income and you have a nice cash flow to enjoy while you plan your future development project.
Property Details
- Property Subtype
- Commercial
All available spaces
- Space
- Lot 1
- Size
- 20,909 SF
- Price
- $850,000
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