515 Sycamore Street, Red Bluff, CA 96080

$1,295,000
30,700
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,295,000
Status
ACTIVE
Days on Market
40
MLS#
26-5329
Square feet
30700
County
Tehama

Property Description

515 Sycamore Street offers ownership of an entire city block in Red Bluff, CA: ±1.71 fully fenced acres zoned M-1 Light Industrial, with three buildings totaling ±30,700 SF. The property is vacant and available to an owner-user or new tenants. Approximately 300 sq ft of the the third building is leased along with an on-site cell tower that generates $2,465 per month ($29,580 annually). The offering combines industrial land, warehouse space, and in-place income in a single acquisition in Tehama County, Northern California. The ±10,700 SF building consisting of warehouse/showroom and office space sits on a corner of the block, with a glass storefront entry, pylon signage, and paved on-site parking. Inside, a front showroom and customer service area lead to an open warehouse with open-web steel trusses, LED lighting, overhead heating, and three grade-level roll-up doors. The ±17,000 SF wood-framed warehouse offers a large, open floor beneath heavy timber trusses, with skylights, perimeter windows, man doors, and three grade-level roll-up doors of its own. Together, the two buildings suit warehouse and storage, contractor, light fabrication, and showroom uses. A gated, paved yard between the buildings provides secure vehicle circulation and loading access, and an open, unimproved portion of the block offers room for outdoor storage or laydown. An owner-user can occupy one or both warehouses with income already offsetting ownership costs, while an investor can lease the vacant space on top of the existing tower income. With a low per-square-foot basis, a full block of M-1 land, and income from day one, the property is well positioned for owner-users and investors alike.

Additional Information

Days on market
40
Year built
1962

How much is your home worth?

...get instant property value now!

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Capital Rivers Commercial.