$1,680,000
$1,750,000
4.0%For more information regarding the value of a property, please contact us for a free consultation.
0.79 Acres Lot
SOLD DATE : 08/15/2024
Key Details
Sold Price $1,680,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SN23180073
Sold Date 08/15/24
HOA Y/N No
Year Built 1982
Lot Size 0.793 Acres
Property Description
Very well maintained multi-tenant office building located on Main Street (State Highway 36) in Red Bluff, California. Formerly occupied
by a Bank of America branch, this 18,105 SF building currently has two tenants occupying approximately 32% of the building with the
former bank suite available for re-tenanting. The sale includes the main parcel with the building as well as two additional parcels that
are fully improved for parking. The property is zoned C-3 (General Commercial) which allows for many uses including retail, office,
services, and assembly related activities. Originally built in 1982, the building was fully renovated in 2001 for the bank and still has
many of the tenant installations including the vault. There is a second floor for additional administrative offices and storage uses and
the building has multiple ground floor entrances that have been upgraded to be ADA compliant. The parcel is located on the hard
corner of the signalized intersection of Main and Cedar Streets and has four total points of ingress/egress, one on each of the four
sides of the city block, allowing for very easy vehicular access. The building would be suitable for an investor looking to re-tenant or
an owner/user looking to remodel for any number of uses from professional services to medical/dental.
Location
State CA
County Tehama
Interior
Fireplace No
Laundry None
Building
Lot Description Near Public Transit
Story 2
Water Public
Others
Tax ID 029312009000
Financing Cash
Special Listing Condition Standard
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Michelle Esquivel
michelle@michellehomesellingteam.comOur team is ready to help you sell your home for the highest possible price ASAP
Bought with Robert Thayer • Re/Max American Dream Realty
michelle@michellehomesellingteam.com
515 S Myrtle Ave, Monrovia, CA, 91016, USA