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1950 Eureka Way 1,786 SF Retail Building Redding, CA 96001 $450,000 ($251.96/SF)
Investment Highlights
- High-traffic west side location
- Functional kitchen buildout
- 11 parking spaces, incl. accessible
- Owner-user or repositioning play
Executive Summary
The property is situated in a prime west side location along a high-traffic corridor, offering strong visibility and accessibility. It is positioned near Shasta High School and surrounded by a mix of businesses and office uses, supporting a broad range of commercial applications. The site is improved with a freestanding building and approximately eleven dedicated parking spaces, including an accessible stall. Recent improvements include a roof replacement completed in 2025, contributing to the overall condition and functionality of the asset. The interior layout features a spacious reception area, along with a functional kitchen, storage space, and an accessible restroom, allowing for efficient day-to-day operations.
The property has been continuously occupied by a Subway sandwich shop since 2002. The current lease operates on a month-to-month basis, providing flexibility for future ownership. The existing tenant is required to vacate within 30 days should the new owner intend to occupy or reposition the space, offering potential for owner-user or redevelopment opportunities.
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The property has been continuously occupied by a Subway sandwich shop since 2002. The current lease operates on a month-to-month basis, providing flexibility for future ownership. The existing tenant is required to vacate within 30 days should the new owner intend to occupy or reposition the space, offering potential for owner-user or redevelopment opportunities.
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Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Fast Food
Building Size
1,786 SF
Building Class
C
Year Built
1956
Price
$450,000
Price Per SF
$251.96
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.46 AC
Zoning
GC-VR - Redding GC-VR General Commercial Visitor Retail
Parking
10 Spaces (5.85 Spaces per 1,000 SF Leased)
Frontage
119’ on Eureka Way
Amenities
- Air Conditioning
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 103-050-001-000 | Improvements Assessment | $127,298 |
| Land Assessment | $125,557 | Total Assessment | $252,855 |
Property Taxes
Parcel Number
103-050-001-000
Land Assessment
$125,557
Improvements Assessment
$127,298
Total Assessment
$252,855
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Presented by
Kirkland Real Estate Partners
1950 Eureka Way
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