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1071-1079 Market Street

Redding, CA 96001
  • $585,000
  • STATUS: Pending
  • ON SITE: 64 Days
  • ID#: 25-939
Pending
UPDATED: 67 min ago
$585,000
  • 0
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,918
    SQFT
  • $149
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1925
County:

School Ratings & Info

Description

This 3,918 SF mixed-use building features two leased residential apartments on the upper levelone 2-bedroom, 1-bath unit, and one 1-bedroom, 1-bath unit with a bonus roomas well as two ground-floor commercial spaces currently leased on a month-to-month basis at below-market rents. Ideal for an owner-user or investor, you can occupy one or both commercial units for your business while generating income from the remaining leased spaces. Each of the four units is separately metered for electricity. Annual gross rental income is $56,880, with a Gross Rent Multiplier (GRM) of 10.28. Note: This property is also listed under MLS 25-969

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IDX information © 2025 Shasta Association of Realtors MLS. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2025-05-14T09:58:17.887.

Licensed in the State of California.
www.wahlundteam.com/homes/161302793
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1071-1079 Market Street Redding, CA 96001

  • Price: $585,000
  • Status: Pending
  • On Site: 64 Days
  • Updated: 67 min ago
  • ID#: 25-939
0
Beds
0
Baths
0
½ Baths
0.18
Acres
3,918
SQFT
$149
$/SQFT
1925
Built
Neighborhood:
04 - SW Redding
County:
Shasta
Area:
04 - SW Redding
Property Description
This 3,918 SF mixed-use building features two leased residential apartments on the upper levelone 2-bedroom, 1-bath unit, and one 1-bedroom, 1-bath unit with a bonus roomas well as two ground-floor commercial spaces currently leased on a month-to-month basis at below-market rents. Ideal for an owner-user or investor, you can occupy one or both commercial units for your business while generating income from the remaining leased spaces. Each of the four units is separately metered for electricity. Annual gross rental income is $56,880, with a Gross Rent Multiplier (GRM) of 10.28. Note: This property is also listed under MLS 25-969
Exterior Features

Parking Features Off Street Roof []

Interior Features

Flooring []

Property Features

Buyer Financing [] Construction Materials [] Listing Terms Cash to New LoanCash Property Sub Type C Security Features []

Listing provided courtesy of Jessica Whitlow of Cox Real Estate Consultants, INC.: 530-245-4600.


IDX information © 2025 Shasta Association of Realtors MLS. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2025-05-14T09:58:17.887.

Licensed in the State of California.
 
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Wahlund and Co. Realty Group
2580 Victor Avenue
Redding CA, 96002