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580 S Main St
Red Bluff, CA 96080

Vacant Anchor Building · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
24,049 SF
Building Class
B
Year Built
2000
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
2.82 AC
Zoning
CITY
Frontage
233 FT on Diamond Ave

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

PROPERTY TAXES

Parcel Number
033-190-013-000
Land Assessment
$750,540
Improvements Assessment
$1,072,201
Total Assessment
$1,822,741
  • Listing ID: 13106589

  • Date on Market: 7/9/2018

  • Last Updated:

  • Address: 580 S Main St, Red Bluff, CA 96080

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