955 Main Street Red Bluff, CA $ 1,750,000
955 Main Street
$ 1,750,000
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955 Main Street

Red Bluff, CA, 96080
$ 1,750,000
Baths0.0 Sq 18,105

Monthly Estimate*

$ 11,631

Listed by Harris Commercial Real Estate
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Studio

Commercial Property for sale in Red Bluff, CA

for $1,750,000. This 18,105 square foot building was built in 1982 on a lot size of 0.7932.

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.

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Commercial Active

Price

$ 1,750,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Office

Lot Size

0.7932

Year Built

1982

Town/City

Red Bluff

County/Region

Tehama

MLS | Web ID

SN23180073

Days on Market

241

Features
Exterior
Lot Features NearPublicTransit
Water Source Public
Lot Size Area 34551.0
Number of Buildings 1
Spa N
Building Area Total 18105.0
Lot Size Acres 0.7932
Lot Size Units SquareFeet
Lot Size Source Assessor
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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General
Year Built 1982
Property SubType Office
Additional Parcels Description 029312004000 029312005000
County Tehama
Net Operating Income 163822.0
Operating Expense 70806.0
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard
Status Active
Directions Hard corner of Main and Cedar Streets
City Red Bluff
View Y/N N
Senior Community Y/N N
Lot Size Square Feet 34551.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Number of Units Leased 2
Street Name Main
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 156
Building Area Units SquareFeet
Standard Status Active
Occupancy Type Tenant
Year Built Source Assessor
Property Sub Type Additional Office
Cap Rate 9.36
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Interior
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Street Suffix Street
Laundry Features None
Entry Level 1
Electric On Property Y/N N
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Internal Only
Street Number 1 955
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* Excluded Features
List By
Harris Commercial Real Estate

Broker

(530) 419-1600

Phone

Affordability Calculator

$11,631
Per Month
100%
0%
0%
Monthly Principal & Interest
$11,631
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/27/2023$1,750,000 Listed Price

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955 Main Street, Red Bluff, CA, 96080 is a Commercial Property for sale at $1,750,000 with 18,105 sqft and a lot size of 0.7932. 955 Main Street is a studio with 0.0 baths and was built in 1982. The property's zip code is 96080 which is in Red Bluff, CA