About this home
This exceptional investment opportunity offers two well-maintained commercial buildings (1852 & 1872 Buenaventura) situated on two parcels totaling approximately 1.63 acres in a highly desirable Redding location. The Gateway Plaza property consists of five tenant units with a combined building area of 12,440+/- square feet, that includes a 7,500+/-square-foot building and a 4,940+/-square-foot building. Featuring 53 on-site parking spaces, the property has been updated and professionally maintained, providing investors with a quality asset requiring minimal immediate capital improvements. Located on Buenaventura Boulevard, one of Redding's primary corridors, the property benefits from great visibility, strong traffic counts, and convenient access from Hwy 273 (S. Market St) and Highway 299. Surrounded by established residential communities and complementary businesses, the site has a strategic position that supports tenant demand and long-term value. This rare offering presents an excellent opportunity to acquire a multi-tenant investment in a quality location with strong income-producing potential and future growth opportunities.
Details
The Home
- Year Built
- 2001
- Living Area
- 12,440 sqft
Systems
- Roof
- Other
Outside
- Lot Size
- 1.63 ac
- Exterior
- Stucco
Ownership Costs
- HOA
- None
- Est. Payment
- $11,825/mo P&I
- Days on Market
- 92
- Shasta County MLS
- 26-2639
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8 closed sales in the last 6 months
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Redding market right now
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Listing courtesy of C21 Select Real Estate, Inc. — Kimberly Shaffer.


