642 Main St, Red Bluff, CA 96080

$399,000
3,750
SqFt

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List Price
$399,000
Price Change
▲ $49,000 1781330332
Days on Market
308
Status
ACTIVE
MLS#
20250856
Living Area
3,750
Lot Size (Acres)
0.07
Year Built
1925

Property Description

Prime investment opportunity! The historical value, coupled with its central location in Red Bluff, could attract businesses or entrepreneurs looking for a unique space with character. The National Bank of Red Bluffs restored original bank vault adds charm and could be a talking point for future clients or customers. The building divides into 2 separate floors with two separate entrances and offers versatility for many businesses or possible residential units upstairs. The first floor consists of 1875 square feet of retail space. The upper level consists of 5 offices, that vary in size, with new mini splits in each office to ensure perfect climate control along with energy efficiency, a receptionist area that could serve all of the offices, and an updated restroom with a sitting area. Red Bluff’s active community scene with concerts, farmers markets, and festivals could draw in foot traffic and further enhance its potential for success. This property could appeal to a wide range of investors, whether for retail, office space rentals, or even transforming it into a co-working hub! Downstairs unit previously rented out for $2200.00 per month.Upstairs units market rent $500 - $700 Permitted building use to be confirmed with the city. Square footage of each office space to be verified. Office spaces include Internet and Utilities.

Additional Information

Area
Central Red Bluff
Heating
Central, Ductless
Cooling
Central Air, Ductless
Utilities
Electricity Available
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Coldwell Banker Select Real Estate.