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$ 725,000
Est. payment /mo
Price Dropped by $24K
6259 Eastside Redding, CA 96001
0.46 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 226050242
HOA Y/N No
Lot Size 0.460 Acres
Acres 0.46
Property Sub-Type Industrial
Source MLS Metrolist
Property Description
NEW PRICE $725,000 100% OCCUPIED MULTI-TENANT INDUSTRIAL APPROX. $105/SF 6259 Eastside Road, a 6,900 SF, five-suite small-bay industrial property in Redding, California. The property is 100% occupied and features functional office/warehouse configurations, five grade-level roll-up doors, and a mix of industrial, service, and storage uses. The property provides established in-place income with additional rent-growth potential as leases mature. Current scheduled base rent is approximately $56,308 annually, increasing to approximately $56,773 annually effective November 1, 2026 based on the scheduled renewal adjustment. The updated lease profile provides improved income continuity while retaining future upside. Recent capital improvements include an elastomeric roof coating, new evaporative coolers, and exterior paint. Suite E also includes fenced yard space. Offered at a new price of $725,000, or approximately $105.07/SF, the property offers investors diversified small-bay tenancy, 100% occupancy, improving scheduled income, and future rent-growth potential at a basis believed to be below replacement cost. The suite configuration may also provide longer-term flexibility for an owner-user as leases naturally mature. Seller financing may be available for qualified buyers.
Location
State CA
County Shasta
Area Shasta County
Direction From S Bonneyview, head south on Eastside. PIQ on left
Location Details See Remarks
Interior
Heating Varies by Unit
Cooling Ductless, Evaporative Cooler, Varies by Unit
Flooring Varies by Unit
Exterior
Parking Features Open, Common Area Shared, Street, Garage
Utilities Available Other
Water Access Desc Water District
Roof Type Metal,See Remarks
Building
Foundation Concrete
Sewer Septic System
Water Water District
Others
Senior Community No
Tax ID 050-300-006-000
Special Listing Condition None
Listed by Realty Works