1438 Eureka Way, Redding, CA 96001 (MLS# 21-918)

$1,850,000

1438 Eureka Way
Redding, CA 96001
MLS# 21-918
Status: Closed

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Property Description
Successful business located in the growing Downtown Redding area with excellent exposure along Eureka Way. Well-established furniture and furnishings retail business with vast client list and vendor contacts. The business has shown continued growth in earnings and has stellar Google and Yelp reviews. Owner involved in minimal aspects of the business with management to remain in place. Strong annual revenue with trending growth forecasted. The real estate is included in price or a lease can be negotiated. The real estate consists of a 21,000 square foot commercial building in Downtown Redding. The building consists of approximately 15,000+/- sq. ft. of showroom and 6,000+/- sq. ft. of warehouse.

Details

Address Information

Street Number: 1438

Street Name: Eureka Way

Cross Street: California

State/Province: CA

Postal Code: 96001

County: Shasta

Property Description

Current Price: $1,850,000

Type: Manufacturing

Area: 01 - NW Redding

List Price: 2620000

Parcel Number: 101-290-070-000

Doing Business As: Outwest Furniture

Aprx Square Feet: 10K +

GP Zone: RED MUC - Mixed Use Core

Zoning: RED - Planned Development District

Remarks

Directions: Located on the north east corner of Eureka Way and California Street.

Contract Information

Status: Closed

List Date: 2021-03-03

Sold Date: 2021-07-15

Under Contract Date: 2021-03-08

Sold Price: $1,850,000

SO Comm: 3

Commission SO: 3

Commission SO Type: %

Addl Business Info

Age of Business: More than 10 Years

Foot Traffic: Medium

Yr/Present Owner: More than 10 Years

Exclusive Parking: Yes

Property Features

Business Type: Other

Business Hours: 6 Days

Location Description: Business District; Downtown; Frontage

Sale Inclusions: Doing Business As; Equipment; Existing Lease; Goodwill; Agree Not to Compete; Real Estate; Trade Fixtures

Lease Type: Negotiable

Lease Time: Negotiable

Miscellaneous: Fire Sprinkler Sys

Available Terms: All Cash to Seller; Cash; Cash to New Loan

Possession: Close of Escrow

Photo: Agent Upload

Selling Terms: Assumable; New Loan

Listing Office: Haedrich & Co., Inc.

Last Updated: February - 07 - 2024

1438 Eureka Way, Redding, CA 96001 - MLS# 21-918

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Information deemed reliable but not guaranteed.