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3075 Crossroads Drive, Redding, CA 96003

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For Sale

$990,000

6,934 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • Newly Listed
    Time on Century 21

  • $142.77
    Price per square foot

  • 11-20 Years Old
    Age

Explore this Property

Fantastic Turnkey Investment Opportunity! This is a rare chance to acquire two buildings on one parcel, offering a low-maintenance, income-generating commercial property with minimal landlord responsibilities. The property is home to a long-standing tenant who has just renewed their lease and is eager to stay long-term. Located at 3075 and 3077 Crossroads, the buildings are currently divided into three units, with potential to convert into four separate units, providing great flexibility for future use or leasing. The first building at 3075 Crossroads includes 2,175 square feet of office space and 1,025 square feet of warehouse space, while the second building at 3077 Crossroads features 1,644 square feet of office space and 2,090 square feet of warehouse space. These mixed-use buildings are designed with a combination of office areas, warehouse space with roll-up doors, and mezzanines, offering versatility to accommodate a wide range of tenants. This property represents an excellent 1031 exchange opportunity, making it a perfect fit for investors looking to defer capital gains taxes while adding a solid, income-producing asset to their portfolio. With a long-term tenant in place and a history of low management requirements, this turnkey investment requires minimal oversight, allowing you to enjoy reliable cash flow with peace of mind. Located in a prime commercial area with great visibility and access, this property is an ideal addition to any investment strategy.
MLS# 24-5101

Courtesy Of eXp Realty of California, Inc.

18885849427

Property Features

  • Age
    11-20 Years Old
  • Amenities
    Dock
  • Architecture Style
    Other
  • Exterior Type
    Stucco
  • Floor Covering
    Carpet, Carpet - Full, Concrete
  • Heating System
    Central Furnace
  • Roof Type
    Metal

Map and Directions

Directions to 3075 Crossroads Drive, Redding, CA 96003

Home seller CENTURY 21 Hilltop

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CENTURY 21 Hilltop

(530) 221-7112
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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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