2195 Larkspur Ln, Redding, CA 96002 (MLS# 17-1587)

$3,310,000

2195 Larkspur Ln
Redding, CA 96002
MLS# 17-1587
Status: Closed

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Property Description
Class A office building located in central Redding. The two story steel frame, brick exterior office building was built in 1998. The professional office building is serviced with an elevator and 93 parking spaces. The building is fully sprinklered. Click more for additional details

Details

Address Information

Street Number: 2195

Street Name: Larkspur Ln

Cross Street: Industrial Street

State/Province: CA

Postal Code: 96002

County: Shasta

Property Description

Current Price: $3,310,000

Type: A

Area: 03 - SE Redding

List Price: 3400000

Parcel Number: 107-190-035-000

Sq Ft - Building: 29632

Sq Ft - Lot: 75359

Lot Dim or Acres: 75,359

GP Zone: RED GO - General Office

Zoning: SC - C-O - Office Commercial Dist

Year Built: 1998

Year Built Desc: 11-20 Years

Remarks

Directions: Located on the north east corner of Industrial and Larkspur Lane.

Contract Information

Status: Closed

Sold Date: 2017-11-01

Under Contract Date: 2017-09-11

Sold Price: $3,310,000

List Date: 2017-04-05

Commission SO: 3

Commission SO Type: %

Addl Lease Info

# of Tenants: 2

Property Features

Business Type: Office

Present Use: Office

Parking: Common; Conforms to Zoning; Off Street

Sale Inclusions: Lease

Exterior: Block

Roof: Composition

Lease Term: 1 - 2 years; 6 - 10 Years

Lease Type: Modified Gross

Floors: Wall to Wall Carpet

Miscellaneous: Elevator

Utilities: Gas; Public Water; Separate Meter; Storm Sewer

Heat/Cool: Central Air; Central Heat

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

Photo: Agent Upload

Possession: Close of Escrow

Selling Terms: New Loan

Supplements

The subject site is irregular in shape and is approximately 1.73 acres or 75,350 square feet. Access to the site is from Industrial Street to the south and Executive Way to the North. The topography of the site is level with street grade. The site is serviced by City of Redding utilities, including sewer, water, and electricity. Natural gas is provided by PG&E and telephone service is provided by AT&T. The building is primarily occupied by Academy of Personalized Learning (APL), which occupies the entire first floor and a portion of the second floor. The second tenant is DealerTeam.com and they occupy a smaller professional office on the second floor. The remaining vacant space is located on the second floor and is approximately 3,357 square feet. The leases in place are modified gross, which is typical for the Redding market.

Listing Office: Haedrich & Co., Inc.

Last Updated: February - 07 - 2024

2195 Larkspur Ln, Redding, CA 96002 - MLS# 17-1587

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.