Adobe Plaza Office Suites

2150 Main Street, Suites 3-7 Red Bluff, CA 96080

2150 Main Street, Suites 3-7, Red Bluff, CA, 96080
Adobe Plaza - Unique and Recognizable Building
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FOR SALE
Property Type:
Single Tenant Office
Amount:
$365,000
Last Verified:
Dec 13, 2024

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Highlights

  • ±3,197 SF fully-leased office condos located in the Adobe Plaza Business Center in Red Bluff, CA.
  • Situated at the corner of Main Street and Adobe Road in the Adobe Plaza business center, with easy Interstate 5 access.
  • Priced at $115 per SF, offering a stabilized cap rate of over 7.4%.
  • Includes reception area, conference room, three restrooms, quality finishes, and 61 parking spaces

Description

Located in the Adobe Plaza Business Center in Red Bluff, CA, this ±3,197 SF office property features five office condos (units 3 to 7) that are fully leased to a single tenant through December 31, 2026. Its distinctive adobe-style architecture provides high visibility at the corner of Main Street and Adobe Road, with convenient access to Interstate 5. Zoned C-3 General Commercial, the property offers an accessible and recognizable space in a thriving area, ideal for tenants and clients alike.

Situated at the corner of Main Street and Adobe Road in the Adobe Plaza Business Center, with easy Interstate 5 access, the five condos are priced at $115 per square foot with a stabilized cap rate of over 7.4%, this property presents a reliable income opportunity. Built in 1982 and updated with quality finishes, it includes wall-to-wall carpeting, vinyl plank flooring, three restrooms, a large reception area, and a conference room. The property also features 61 parking spaces and a lease ensuring full occupancy through 2026, making it an appealing choice for investors seeking steady returns and long-term value.


Year Built: 1982
Building Size: 3160sq ft
Building Class: B
Lot Size: 0 acres


Documents

Download Brochure

Map of 2150 Main Street, Suites 3-7, Red Bluff, CA, 96080

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.