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1325 Eureka Way Redding California 1201 Market St 3,104 SF 50% Leased Retail Building Redding, CA 96001 $2,888,888 ($930.70/SF) 4.89% Cap Rate

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Investment Highlights

  • Two Tenants Restaurant Bar Lounge Large Patio Turnkey Move In Ready $7K Start "Making Income Today" Own Your Own Business Like a Bank etc.....
  • Turnkey Ready to Operate Today Move In Ready NOW!!!
  • Redding Downtown Entertainment District Take Your Drinks on the Go Outside
  • High Traffic Hwy 299 (Eureka Way) & Market Street Access to Frwy 5 Hwy 44 Viva Downtown
  • Space 1 Patio ±4,050 sqft. Space 2 Patio ±2,600 sqft. Largest In Downtown on a Corner Lot Very High Visibility

Executive Summary

Tenant WANTED
Space Available Today Move In Ready Income Today
1201-1233 Market St Redding California &
1325 Eureka Way Redding California
Retail Restaurant Lounge Bar with Patio Turn Key with ABC License Move In Ready - Restaurant & Lounge with Patio (The Shack Restaurant & Lounge) Corner Building Lot with Very High Visibility
Investment Highlights
Restaurant Bar Lounge Large Patio Turnkey Move In Ready $7K Start "Making Income Today" Own Your Own Business
• High Traffic Hwy 299 (Eureka Way) & Market Street
• Turnkey Ready to Operate Today Move In Ready NOW!!!
• Two (2) Tenant Possible
• #1 Patio ±4,050 sqft. #2 Patio 2 ±2,600 sqft. Largest In Downtown on a Corner Lot Very High Visibility
• Gate Way to the Coast
Executive Summary
1201-1233 Market St Redding California
1325 Eureka Way Redding California
Restaurant & Lounge with Patio (The Shack Restaurant & Lounge)
Retail Restaurant Lounge Bar with Patio Turn Key with ABC License Move In Ready Corner Building Lot with Very High Visibility
Leasable Space
Space Building ±3,104sqft * Patio’s ±7,000sqft Two (2) * Parking Private Lot * Monument Signs – Two (2) Largest In Redding +/- 75 Feet Billboard Digital Coming Under Development 20 ft x 40 ft * Redding’s Largest Outdoor Patio’s #1 ±4,050 sqft. Patio #2 ±2,600 sqft.
Rent Roll Addresses
#1. 1325 Eureka Way – Redding (Hwy 299) Building ±1,100 sqft *Patio ±4,050sqft. Tenant Occupied "The Shack" Income $10,000. Per Month Lease Until 2033 Option increases to $15,000. per month Income: $10,000 per month
#2. 1201 Market Street - Redding (Corner of Market Street & Eureka Way Hwy 299) Building ±2,004 sqft * Patio ±2,600 sqft. Tenant Vacant Move In Ready *Building Sign Vacant Tenant Occupied Income $7,000. Per Month
#3. 1211 Market Street- Redding Monument Street Sign One of The Largest In Redding +/- 75 Foot (Red Star)
Income: $5,000 per month
#4. 1221 Market Street - Redding Monument Street Sign with Arrow +/- 45 Foot (Red Star, Street Sign, Arrow) Income: $2,000 per month
#5 1233 Market Street - Redding Billboard Digital 10 ft x 40 ft
Income: $7,500 per month
Total: Income: $29,500.00 per month
Building Exterior & Interior Restriction and Remodel Over $800K Rebuilt 2012 Ground Up Remodeled 2022 to First Class Building
In Downtown Corner Lot Very High Visibility Main Hwy 299 to Hwy 5 to Hwy 44
Lease or Possible Sale for Right Price & Terms (Owner Will Carry Financing) Tenant improvement allowance negotiable if needed.
Great Opportunity for Culinary School, Cannabis Retail, Pizza Franchise, Take out Franchise, Brewery, Beer Garden, Fast Food Franchise, Beer Garden ect…….
Retail, hands-on hospitality entrepreneurs, ideal for weddings, live music, celebrations, corporate and seasonal events.
Owner-Operator Lifestyle – Perfect opportunity for hands-on hospitality entrepreneurs, ideal for weddings, live music, celebrations, corporate and seasonal events
Great for a Bank, etc...Retail
Condition First Class Full Build Out Full Turnkey Property – Fully Operational Restaurant, and Bar Move In Ready Today Fully Operational.
Features a fully built-out kitchen with Type 1 hoods, grease traps, and ADA-compliant restrooms, allowing for a quick and cost-effective build-out, while a spacious ±7,000 SF outdoor patio provides excellent opportunities for expanded dining, events, or bar service.
Located in Redding’s busiest Retail & Downtown Businesses corridor, the property offers prime Market Street & Eureka Way
visibility, excellent signage exposure, and traffic counts exceeding ±200,000 vehicles per day Main to all Frwy to Main Street High Visibility Main Hwy 299 to Hwy 5 to Hwy 44
Full Renovation - Business entity, ABC Liquor License 47
Lease option available as TurnKey Business with Liquor License (Optional) "The Shack" with/or Your New Business Name Preference In Main Street Downtown. "In New Downtown Viva Downtown Redding"
Downtown Redding Entertainment Zone "Take Your Drinks on the Streets and From Bar to Bar" Largest Entertainment Zone in California
Condition First Class Full Build Out Full Turnkey Property – Fully Operational Restaurant, and Bar Move In Ready Today Fully Operational.
Tenant: Historic Location – Originally built in the 1954 “The Shack” with lots of History, Charm and Authentic Character. Restaurant Lounge w/ Outdoor Patio
Signage Two (2) Large Signs on the Street with Three Building Signs (Motel and Stardust can be converted to Tenant Owner Business Name) Digital is a Possibility
Located in Redding’s busiest retail corridor, the property offers prime Market Street & Hwy 299 visibility, excellent signage exposure, and traffic counts exceeding 200,000 vehicles per day
Building Tenants Improvements Already Built Out. It can change to Fit Franchise Style If needed.
The Liquor License will have its own value and Run with the Property. Use or nonuse of as an Extra Opportunity Additional Value (Open Negotiation)
Equipment Can Be Included in Lease Will Run with the Property Same as Liquor License. May be part of the lease or taken out.
Terms (Time) of Lease Open Five (5) Years with Options for more
Opportunities
1. Lease of Business with Building (New Franchise)
2. Lease of Building
3. Lease of Building with Equipment, Hood etc… (Move In Ready)
4. Lease of Building with Business and Equipment & Liquor License for a fee
5. Lease Option with Sale of Building Owner Will Finance
Options are open for the Right Party.

Attachments

Enternmaint Zone
Investment Highlights 1201 Market Street Redding
Monument Flyer
1201 Market Street Redding Lease

Property Facts

Sale Type
Investment or Owner User
Sale Conditions
1031 Exchange
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,104 SF
Building Class
C
Year Built/Renovated
1954/2022
Price
$2,888,888
Price Per SF
$930.70
Cap Rate
4.89%
NOI
$141,167
Percent Leased
50%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.15
Lot Size
0.49 AC
Opportunity Zone
Yes
Zoning
Entertainment Zone - Entertainment Zone Outdoor Take Your Drinks on the Streets and From Bar to Bar Open Drinking Viva Downtown Main Street with Patio & Parking
Frontage
151’ on Hwy 299 (Eureka Way)

Amenities

  • 24 Hour Access
  • Corner Lot
  • Courtyard
  • Fenced Lot
  • Freeway Visibility
  • Pylon Sign
  • Restaurant
  • Security System
  • Signage
  • Signalized Intersection
  • Tenant Controlled HVAC
  • Storage Space
  • Monument Signage
  • Air Conditioning
  • Smoke Detector

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • The Shack
  • Retailer
  • 3,104 SF
  • $38.00
  • TBD
  • Jan 2033
Tenant Industry SF Occupied Rent/SF Lease Type Lease End
The Shack Retailer 3,104 SF $38.00 TBD Jan 2033

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 3,104 SF
  • Retail
  • -
  • 30 Days

The Shack Restaurant & Lounge Restaurant Lounge Bar with Patio 1325 Eureka Way (Corner of Market Street & Hwy 299) Redding California 96001 Website: www.reddingshack.com for Photos and Information TurnKey Business with Liquor License Corner Market Street Downtown & Eureka Way (Hwy 299). "New Downtown Viva Downtown". Corner Free Standing Building Building 3,104 Square Feet Patio Seated 3100 Square Feet Parking Lot Private for Tenant In Downtown Redding Entertainment Zone Launches this Friday, December 5th 2025 Meaning Take Your Drinks on the Streets and From Bar to Bar Condition First Class Full Build Out Full Turnkey Property – Fully Operational Restaurant, and Bar Move In Ready Today Fully Operational. The ±3,100 SF interior features a fully built-out kitchen with Type 1 hoods, grease traps, and ADA-compliant restrooms, allowing for a quick and cost-effective build-out, while a spacious ±3,000 SF outdoor patio provides excellent opportunities for expanded dining, events, or bar service. Located in Redding’s busiest Retail & Downtown Businesses corridor, the property offers prime Market Street & Eureka Way visibility, excellent signage exposure, and traffic counts exceeding ±200,000 vehicles per day Bar & Restaurant w/ Outdoor Patio – Full-service dining and bar area featuring a large outdoor patio, ideal for seasonal dining and live entertainment Owner-Operator Lifestyle – Perfect opportunity for hands-on hospitality entrepreneurs, ideal for weddings, live music, celebrations, corporate and seasonal events. The Shack Restaurant & Lounge will Finance the Right Owner Operator – Terms and Rate Negotiable Available: Today Contact: Telephone & Text: 415.515.5349 Email: drapercompanhy@gmail.com See Photos Website: www.shackredding.com Instagram: theshackreddingredding'

Space Size Space Use Position Available
1st Floor 3,104 SF Retail - 30 Days

1st Floor

Size
3,104 SF
Space Use
Retail
Position
-
Available
30 Days

1st Floor

Size 3,104 SF
Space Use Retail
Position -
Available 30 Days

The Shack Restaurant & Lounge Restaurant Lounge Bar with Patio 1325 Eureka Way (Corner of Market Street & Hwy 299) Redding California 96001 Website: www.reddingshack.com for Photos and Information TurnKey Business with Liquor License Corner Market Street Downtown & Eureka Way (Hwy 299). "New Downtown Viva Downtown". Corner Free Standing Building Building 3,104 Square Feet Patio Seated 3100 Square Feet Parking Lot Private for Tenant In Downtown Redding Entertainment Zone Launches this Friday, December 5th 2025 Meaning Take Your Drinks on the Streets and From Bar to Bar Condition First Class Full Build Out Full Turnkey Property – Fully Operational Restaurant, and Bar Move In Ready Today Fully Operational. The ±3,100 SF interior features a fully built-out kitchen with Type 1 hoods, grease traps, and ADA-compliant restrooms, allowing for a quick and cost-effective build-out, while a spacious ±3,000 SF outdoor patio provides excellent opportunities for expanded dining, events, or bar service. Located in Redding’s busiest Retail & Downtown Businesses corridor, the property offers prime Market Street & Eureka Way visibility, excellent signage exposure, and traffic counts exceeding ±200,000 vehicles per day Bar & Restaurant w/ Outdoor Patio – Full-service dining and bar area featuring a large outdoor patio, ideal for seasonal dining and live entertainment Owner-Operator Lifestyle – Perfect opportunity for hands-on hospitality entrepreneurs, ideal for weddings, live music, celebrations, corporate and seasonal events. The Shack Restaurant & Lounge will Finance the Right Owner Operator – Terms and Rate Negotiable Available: Today Contact: Telephone & Text: 415.515.5349 Email: drapercompanhy@gmail.com See Photos Website: www.shackredding.com Instagram: theshackreddingredding'

Walk Score®
Very Walkable (79)
Bike Score®
Biker's Paradise (91)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

The YMCA
Starbucks
Dutch Bros
Tri Counties Bank
U.S. Bank
Columbia Bank
Bank of America
Safeway
Banner Bank
Chase Bank

Property Taxes

Property Taxes

Parcel Number
101-290-020-000
Land Assessment
$212,241
Improvements Assessment
$636,724
Total Assessment
$848,965
  • Listing ID: 39159300

  • Date on Market: 1/21/2026

  • Last Updated:

  • Address: 1201 Market St, Redding, CA 96001

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