For Sale Lot / Land MLS# 25-4946

2032 Pine Street

Redding, CA 96001

$500,000

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About 2032 Pine Street

Ideally located mixed-use commercial land in Downtown Redding, CA ready for development. Consisting of 1/4 of a full commercial block, this approximately 0.52 acre parcel is located within an opportunity zone and can be purchased separately or with the neighboring parcel for a total of approximately 1.55 acres. And with the flexible zoning 'Downtown Mixed Use District - Specific Plan Overlay - Building Height Overlay' and excellent visibility between Downtown Redding's busiest streets, Market Street and Pine Street, the property is perfect for many development options and uses. Not to mention, the prior use on the property was the Redding Inn Motel which provides development fee credits totaling over $100,000 toward the next development. Curbs, gutters and sidewalks are already in place around the perimeter and all utilities are available at the site. Downtown Redding, CA has experienced impressive growth over the past 5 years and with the new Public Market opening, the downtown is seeing high demand for residential, retail, office and medical space.

Property details

Property

Type
Land
MLS type
Land/Property
Status
Active
Lot
0.52
Original price
$500,000
MLS #
25-4946

Exterior & lot

Lot
101-750-011

Schools

District
Shasta Union High School District

Financial

Financial
Shasta Association of REALTORS®
Parcel
101-750-011

Location

Area
04 - SW Redding
County
Shasta
Neighborhood
Downtown Redding
Directions
From I-5 take the Cypress Avenue exit West and turn north on Pine Street. The property is on the left across from the Evergreen Coffee shop.

Ask about this property

Questions on 2032 Pine Street, Redding, CA 96001, or want to see it in person?

Listed by Chris Haedrich, Capital Rivers Commercial

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.