2860 Churn Creek Rd
Redding, CA 96002
Muffler Shop & Residential House · Industrial Property For Sale
Property Facts
| Property Type | Industrial | No. Stories | 1 |
| Lot Size | 0.70 AC | Year Built | 1950 |
| Rentable Building Area | 6,700 SF | ||
| Zoning | General Commercial | ||
| Property Type | Industrial |
| Lot Size | 0.70 AC |
| Rentable Building Area | 6,700 SF |
| No. Stories | 1 |
| Year Built | 1950 |
| Zoning | General Commercial |
About 2860 CHURN CREEK RD , REDDING, CA 96002
Excellent investment opportunity for the average citizen, or could be a great owner/investor play. Muffler shop is rented at $3,300/mo, MTM, Tenant would like to stay. The house is vacant and needs work, but represents an opportunity to add another $1,000/mo or more to the monthly income providing a CAP rate of about 7.5% with plenty of upside potential. Both properties are on a single parcel and share a common water meter. Portions of the house are not permitted. Buyer to verify all aspects of compliance and condition with independent experts and the City of Redding. Seller is the executor of an estate and has no knowledge of the condition of the property or any history. Showing the property is complicated. Seller's Broker must be present.
Property Taxes
| Parcel Number | 107-340-041-000 | Improvements Assessment | $189,425 |
| Land Assessment | $64,945 | Total Assessment | $254,370 |
Property Taxes
