Commercial Building with Residential Units

Investment Overview

Unique opportunity to own an iconic mixed-use property in downtown Redding, CA. Evergreen Coffee Shop currently occupies the ground-level 1,893 SF space, including a cafe and storage space, with a lease expiring on 2/1/2027 and interest in extending. The upper floor contains two modern, inviting 1,029 SF residential units permitted by the City of Redding for short-term rental use.

Investment Highlights

• Opportunity to own and/or occupy commercial space, residential space, or both!
• Two-story mixed-use building
• Ground Floor - Occupied by Evergreen Coffee
• Upstairs - 2 residential units permitted by the City of Redding for short-term rental use
• High visibility location in Downtown Redding
• Iconic architecture shared with sister building occupied by Trilogy Architecture
• 1250 Gal Grease Trap
• Ground floor tenant rent: $36,000/year
• Short-Term Rental Income with full-time availability projections: $4000-$5000/month