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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



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
1031 Exchange Possibility
1201-1233 Market St Redding California &
1325 Eureka Way Redding California
Retail Restaurant Lounge Bar with Patio Turn Key with ABC License - 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 $15K
• High Traffic Hwy 299 (Eureka Way) & Market Street
• #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
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 $15,000. Per Month Lease Until 2033 Option increases to $15,000. per month Income: $15,000 per month
#2. 1201 Market Street - Redding (Corner of Market Street & Eureka Way Hwy 299) Building ±2,004 sqft * Patio ±2,600 sqft. *Building Sign Vacant Tenant Occupied Income $2,500. Per Month
#3. 1211 Market Street- Redding Monument Street Sign One of The Largest In Redding +/- 75 Foot (Red Star)
Income: $2,500 per month
#4. 1221 Market Street - Redding Monument Street Sign with Arrow +/- 45 Foot (Red Star, Street Sign, Arrow) Income: $2,500 per month
#5 1233 Market Street - Redding Billboard Digital 10 ft x 40 ft
Income: $2,500 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
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 at the Site
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.
1201-1233 Market St Redding California &
1325 Eureka Way Redding California
Retail Restaurant Lounge Bar with Patio Turn Key with ABC License - 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 $15K
• High Traffic Hwy 299 (Eureka Way) & Market Street
• #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
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 $15,000. Per Month Lease Until 2033 Option increases to $15,000. per month Income: $15,000 per month
#2. 1201 Market Street - Redding (Corner of Market Street & Eureka Way Hwy 299) Building ±2,004 sqft * Patio ±2,600 sqft. *Building Sign Vacant Tenant Occupied Income $2,500. Per Month
#3. 1211 Market Street- Redding Monument Street Sign One of The Largest In Redding +/- 75 Foot (Red Star)
Income: $2,500 per month
#4. 1221 Market Street - Redding Monument Street Sign with Arrow +/- 45 Foot (Red Star, Street Sign, Arrow) Income: $2,500 per month
#5 1233 Market Street - Redding Billboard Digital 10 ft x 40 ft
Income: $2,500 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
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 at the Site
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.
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
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 |
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 101-290-020-000 | Improvements Assessment | $636,724 |
| Land Assessment | $212,241 | Total Assessment | $848,965 |
Property Taxes
Parcel Number
101-290-020-000
Land Assessment
$212,241
Improvements Assessment
$636,724
Total Assessment
$848,965
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Presented by
Draper, Draper, Draper & Company Inc.
1325 Eureka Way Redding California | 1201 Market St
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