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580 S Main St
Red Bluff, CA 96080
Vacant Anchor Building · Retail Property For Sale
PROPERTY FACTS
About 580 S Main St , Red Bluff, CA 96080
Located +/- 130 miles north of Sacramento and +/- 30 miles south of Redding, this vacant retail building sits in a dense retail corridor of Red Bluff, CA. The property serves as an anchor to a retail center that includes Sears and O’Reilly Auto Parts. This opportunity is ideal for a Developer looking to add value by re-tenanting the property. It is currently zoned for light industrial use (M1), with an existing use permit that allows commercial use. This permit is for two retail buildings with an approximate 30,000 s.f. buildable pad on the parcel. Other neighboring retailers include: CVS, Big 5 Sporting Goods, AutoZone, Chevron, as well as Red Bluff Shopping Center which includes: Raley’s, Chase Bank, GameStop, Papa Murphy’s, Arby’s, Jack in the Box, and Verizon. The property is situated less than half a mile away from Interstate 5 and one mile from downtown Red Bluff. Proforma CAP rate reflects rental rate of $0.80/SF NNN and $20/SF tenant improvement allowance.
PROPERTY TAXES
Parcel Number | 033-190-013-000 | Improvements Assessment | $1,169,192 |
Land Assessment | $818,434 | Total Assessment | $1,987,626 |
PROPERTY TAXES
Listing ID: 13106589
Date on Market: 2018-07-09
Last Updated:
Address: 580 S Main St, Red Bluff, CA 96080
The Retail Property at 580 S Main St, Red Bluff, CA 96080 is no longer being advertised on LoopNet.ca. Contact the broker for information on availability.