3075 Crossroads Drive, Redding, CA 96003

Other
INR ₹84,551,693
USD $990,000
Published on: 12 Dec 2024
Last updated on: 12 Dec 2024
3075 Crossroads Drive, Redding, CA 96003
3075 Crossroads Drive, Redding, CA 96003
3075 Crossroads Drive, Redding, CA 96003
+49
3075 Crossroads Drive, Redding, CA 96003
  • 49
Property ID: 110096239272
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Comm/Industrial - Redding, CA

3075 Crossroads Drive, Redding, CA 96003
Fantastic Turnkey Investment Opportunity!This is a rare chance to acquire two buildings on one parcel, offering a low-maintenance, income-generating commercial property with minimal landlord responsibilities. The property is home to a long-standing tenant who has just renewed their lease and is eager to stay long-term. Located at 3075 and 3077 Crossroads, the buildings are currently divided into three units, with potential to convert into four separate units, providing great flexibility for future use or leasing.The first building at 3075 Crossroads includes 2,175 square feet of office space and 1,025 square feet of warehouse space, while the second building at 3077 Crossroads features 1,644 square feet of office space and 2,090 square feet of warehouse space. These mixed-use buildings are designed with a combination of office areas, warehouse space with roll-up doors, and mezzanines, offering versatility to accommodate a wide range of tenants.This property represents an excellent 1031 exchange opportunity, making it a perfect fit for investors looking to defer capital gains taxes while adding a solid, income-producing asset to their portfolio. With a long-term tenant in place and a history of low management requirements, this turnkey investment requires minimal oversight, allowing you to enjoy reliable cash flow with peace of mind. Located in a prime commercial area with great visibility and access, this property is an ideal addition to any investment strategy.

Property Details

Basic Info

Property Type
Other
Listing Status
Active
Building Size
6,934.00 sq ft
Year Built
2004
Architecture Style
Other
County
Shasta
Parcel ID
110-270-016-000
Provider
Shasta MLS
Brokerage Office Name
eXp Realty of California, Inc.
Brokerage Office Phone
(888) 584-9427 x119
Address
3075 Crossroads Drive, Redding, CA 96003
Contact Agent
Kevin Rhoderick
eXp Realty of California, Inc.
2603 Camino Ramon, Suite 200, San Ramon, CA 94583
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Kevin Rhoderick
2603 Camino Ramon, Suite 200, San Ramon, CA 94583
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      Property ID: 110096239272

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