$2,900,000
Redding, CA 96001
MLS# 14-721
Status: Closed
10300 sqft
1 / 21
Property Description
Investment property with strong cash flow from national tenant. MOB investment with surgery center and physicians office. Two tenants with long-term leases.
Details
Address Information
Street Number: 2439
Street Name: SONOMA ST
Cross Street: Airpark Drive
State/Province: CA
Postal Code: 96001
County: Shasta
Property Description
Current Price: $2,900,000
Type: C
Area: 04 - SW Redding
List Price: 3400000
Parcel Number: 104-880-031
Sq Ft - Building: 10300
Lot Dim or Acres: 2.39
GP Zone: RED GO - General Office
Zoning: RED - C-O - Office District
Year Built Desc: 11-20 Years
Remarks
Directions: West on Highway 44. Left on Court Street. Right on Sonoma Street. Property is on the left.
Contract Information
Status: Closed
Sold Date: 2014-05-13
Under Contract Date: 2014-03-04
Sold Price: $2,900,000
List Date: 2014-02-20
Commission SO: 3
Commission SO Type: %
Addl Lease Info
# of Tenants: 2
Property Features
Business Type: Office
Present Use: Medical/Dental
Parking: Conforms to Zoning; Off Street
Sale Inclusions: Lease
Lease Term: 3 - 5 Years; 6 - 10 Years
Lease Type: Negotiable; Net-Triple
Expense Data Source: Broker Estimate; Owner Actual; Projected; Tax Return
Floors: Wall to Wall Carpet
Utilities: Gas; Master Meter; Public Water; Sewer; Storm Sewer; Telephone
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
Listing Office: Haedrich & Co., Inc.
Last Updated: February - 07 - 2024
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.
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