955 Main Street Red Bluff, CA 96080

$1,680,000 Closed

About the Property

Please Note: This property has been SOLD

Very well maintained multi-tenant office building located on Main Street (State Highway 36) in Red Bluff, California. Formerly occupied by a Bank of America branch, this 18,105 SF building currently has two tenants occupying approximately 32% of the building with the former bank suite available for re-tenanting. The sale includes the main parcel with the building as well as two additional parcels that are fully improved for parking. The property is zoned C-3 (General Commercial) which allows for many uses including retail, office, services, and assembly related activities. Originally built in 1982, the building was fully renovated in 2001 for the bank and still has many of the tenant installations including the vault. There is a second floor for additional administrative offices and storage uses and the building has multiple ground floor entrances that have been upgraded to be ADA compliant. The parcel is located on the hard corner of the signalized intersection of Main and Cedar Streets and has four total points of ingress/egress, one on each of the four sides of the city block, allowing for very easy vehicular access. The building would be suitable for an investor looking to re-tenant or an owner/user looking to remodel for any number of uses from professional services to medical/dental.

Property Information

Size 18,105 SqFt
Price/SqFt $92.79
Year Built 1982
Property Type Office
Listing Number SN23180073
Listed 9/15/2023
Modified 8/20/2024
Listing Agent Brandon Harris
Listing Office Harris Commercial Real Estate

Property Features

# of Buildings
  • 1
# of Units Leased
  • 2
Cap Rate
  • 9.36
Office Class
  • B
Stories Total
  • 2
Water Source
  • Public
Land Use
  • Office
  • Other