List Search

2150 Main St
Red Bluff, CA 96080

$365,000 USD

Office Condo For Sale  •  3,160 SF

Property Details

  • Property Type Office
  • Total Building Size 21,838 SF
  • Lot Size 1.55 AC
  • Building Class C
  • Year Built 1980
  • Tenancy Multiple
  • Zoning C-3
0 Transit Score
29 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 3-7 Office 3,160 SF $365,000 USD
  • Unit Size: 3,160 SF
  • Condo Use: Office
  • Price: $365,000 USD
  • Sale Type: Investment
  • Price/SF: $115.51 USD
Description
Built in 1982 and updated with quality finishes, it includes wall-to-wall carpeting, vinyl plank flooring, three restrooms, a large reception area, and a conference room. The property also features 61 parking spaces and a lease ensuring full occupancy through 2026, making it an appealing choice for investors seeking steady returns and long-term value.

Sale Notes
Situated at the corner of Main Street and Adobe Road in the Adobe Plaza Business Center, with easy Interstate 5 access, the five condos are priced at $115 per square foot with a stabilized cap rate of over 7.4%, this property presents a reliable income opportunity.

Description 

Situated at the corner of Main Street and Adobe Road in the Adobe Plaza Business Center, with easy Interstate 5 access, the five condos are priced at $115 per square foot with a stabilized cap rate of over 7.4%, this property presents a reliable income opportunity. Built in 1982 and updated with quality finishes, it includes wall-to-wall carpeting, vinyl plank flooring, three restrooms, a large reception area, and a conference room. The property also features 61 parking spaces and a lease ensuring full occupancy through 2026, making it an appealing choice for investors seeking steady returns and long-term value.

Highlights

Five condos priced at $115 per square foot, offering a stabilized cap rate of over 7.4%.
Features 61 parking spaces.
Lease ensures full occupancy through 2026, providing steady returns and long-term value for investors.
Situated at the corner of Main Street and Adobe Road in the Adobe Plaza Business Center, with convenient access to Interstate 5.
Updated Property: Built in 1982 with quality upgrades, including carpeting, vinyl flooring, three restrooms, a reception area, and a conference room.

Public Transportation

AirportDriveWalkDistance
Redding Regional 28 min - 23.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 61
Type: Surface
Included in Rent: Yes
Chris Haedrich 530-226-1160 Capital Rivers Commercial - Haedrich Group
Chris Haedrich 530-226-1160 Capital Rivers Commercial - Haedrich Group