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2482 Progress Dr 9,400 SF 100% Leased Industrial Building Redding, CA 96001 $1,170,000 ($124.47/SF)

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INVESTMENT HIGHLIGHTS

  • Excellent flexible warehouse space with office area
  • Approved for city- and state-licensed cannabis cultivation
  • Ideal end-of-cul-de-sac location

EXECUTIVE SUMMARY

Position your business for success with this versatile 9,400 square foot light industrial warehouse ideally located in one of Redding's growing commercial corridors. Whether you're expanding operations, establishing a small-to-mid-sized regional distribution hub, or investing in functional industrial space, this property delivers the flexibility and infrastructure to meet a wide range of operational needs.
Property Highlights:
9,400 SF of open span warehouse with excellent clearance height and efficient floor plan
Front office build out with two separate office rooms; total of 4 bathrooms on site
Drive-in roll-up doors for easy loading/unloading
Heavy power availability suitable for manufacturing, fabrication, or assembly operations
Zoned for light industrial use, ideal for warehousing, logistics, trades, or light manufacturing
Previous tenants received city and state licensing for cannabis cultivation Ample on-site parking and ideal location near the end of a cul-de-sac
Strategic location just minutes from I-5 access, major trucking routes, and local vendors The property sits within an established industrial park surrounded by a strong network of trades, contractors, and service providers. Its location offers quick access to the Redding Airport, downtown business district, and the Shasta County labor force.
For an owner-user or investor seeking stable income potential, this property checks all the boxes for value, utility, and long-term upside. Opportunities like this are limited in Redding's tight industrial market—schedule your tour today.

DATA ROOM Click Here to Access

PROPERTY FACTS Under Contract

Price $1,170,000
Price Per SF $124.47
Sale Type Investment or Owner User
Sale Condition 1031 Exchange
Property Type Industrial
Property Subtype Manufacturing
Building Class C
Lot Size 0.61 AC
Rentable Building Area 9,400 SF
No. Stories 1
Year Built 2006
Parking Ratio 2.13/1,000 SF
No. Drive In / Grade-Level Doors 3
Zoning Light Industrial

AMENITIES

  • Conferencing Facility
  • Cooler
  • Mezzanine
  • Signage
  • Reception
  • Storage Space
  • Air Conditioning

UTILITIES

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
048-110-028-000
Land Assessment
$153,000
Improvements Assessment
$663,000
Total Assessment
$816,000
  • Listing ID: 35596422

  • Date on Market: 4/23/2025

  • Last Updated:

  • Address: 2482 Progress Dr, Redding, CA 96001

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