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Listed by Debbie L Wall • Northstate Commercial Partners
$ 700,000
Est. payment /mo
Active
4450 Caterpillar RD Redding, CA 96003
2,880 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,880 sqft
Price per Sqft $243
MLS Listing ID 26-1726
Lot Size 2.390 Acres
Acres 2.39
Lot Dimensions 2.39
Source Shasta Association of REALTORS®
Property Description
Rare 2.39 acre parcel with fenced yard, an exiting 2880sf block building, and a pre-purchased 6000sf metal building kit. The 150' Tele Communications Tower and +/-430sf server/data room equipment are owned and operated by Shasta Beam (Seller). Seller will lease back these improvements to provide $1000 revenue each month. The passive income presents a rare opportunity for both owner operators and income focused investors seeking a diversified revenue stream. Purchase price includes preliminary permits to allow Buyer to complete the planned development and either occupy the property or unlock significant income potential through additional lease revenue.
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Location
State CA
County Shasta
Direction I5 Caterpillar Road exit. West on Caterpillar Road +/-5 miles
Interior
Flooring Partial
Exterior
Parking Features Off Street, On Street
Roof Type Other
Building
Building Description Block, Block
Level or Stories NaN
Structure Type Block
Others
Senior Community No
Tax ID 114-440-003-000