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Listed by Nick Kerley • Realty 110, Inc.
$ 579,000
Est. payment /mo
Active
705/717 Pine ST Red Bluff, CA 96080
3,630 SqFt
UPDATED:
Key Details
Property Type Other Types
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 3,630 sqft
Price per Sqft $159
MLS Listing ID 26-2810
Year Built 1959
Property Sub-Type Mixed Use
Source Shasta Association of REALTORS®
Property Description
Over a 7.15% CAP Rate!
Excellent investment opportunity featuring consistent cash flow, long-term tenancy, and minimal maintenance and management requirements. The offering includes two well-maintained commercial office properties located in Downtown Red Bluff: 705 Pine Street and 717-723 Pine Street.
The portfolio benefits from three separate income streams and a strong tenant history. 705 Pine Street recently underwent an extensive remodel, including ADA compliance upgrades and modern interior finishes. 717-723 Pine Street features a new roof, newer HVAC systems, and a recently recoated and striped parking lot.
With stable long-term tenants, improved property conditions, and multiple income sources, this portfolio offers investors an attractive combination of dependable cash flow and low-maintenance ownership.
Excellent investment opportunity featuring consistent cash flow, long-term tenancy, and minimal maintenance and management requirements. The offering includes two well-maintained commercial office properties located in Downtown Red Bluff: 705 Pine Street and 717-723 Pine Street.
The portfolio benefits from three separate income streams and a strong tenant history. 705 Pine Street recently underwent an extensive remodel, including ADA compliance upgrades and modern interior finishes. 717-723 Pine Street features a new roof, newer HVAC systems, and a recently recoated and striped parking lot.
With stable long-term tenants, improved property conditions, and multiple income sources, this portfolio offers investors an attractive combination of dependable cash flow and low-maintenance ownership.
Location
State CA
County Tehama
Direction I5 to Antelope Bvld, Go West to Oak, Main or Straight over the tracks to Pine St.
Interior
Flooring Tile, Wall to Wall Carpet
Exterior
Parking Features Off Street, On Street
Roof Type Composition
Building
Building Description Stucco,Wood Siding, Stucco,Wood Siding
Level or Stories NaN
Structure Type Stucco,Wood Siding
Others
Senior Community No
Tax ID 029-403-016-000, 029-403-015-000
Acceptable Financing All Cash to Seller, New Loan
Listing Terms All Cash to Seller, New Loan