Hilltop Strip Retail-Pad

2335 Hilltop Dr Redding, CA 96002

2335 Hilltop Dr, Redding, CA, 96002
Frontage
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FOR SALE
Property Type:
Padsites
Amount:
$175,000
Last Verified:
Jul 31, 2024

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Highlights

  • - Zoned GC-VR-BH for versatile commercial and retail opportunities
  • - Strategic location in the Redding area
  • - Building Height Overlay District allows for enhanced development potential
  • - Prime visibility and accessibility on the popular Hilltop Strip
  • - Proximity to established commercial and retail establishments
  • - Ideal for developing a retail pad with strong growth prospects
  • - Surrounded by a thriving business community
  • - Excellent investment potential in a well-established commercial district
  • - Highest traffic volume in Redding for maximum exposure

Description

Located on the popular Hilltop Strip in Redding, this prime property presents a strategic investment opportunity. Boasting a desirable zoning of GC-VR-BH (General Commercial - Visitor Retail - Building Height Overlay District), this location offers the versatility and potential sought after by retail pad investors. Situated in the thriving Redding area, the property presents a strategic business proposition in a well-established commercial district. With this advantageous zoning and a coveted location, the property stands as a captivating investment opportunity for those seeking to develop a retail pad with strong growth prospects and excellent visibility. Take advantage of this prime location and unlock the potential of this sought-after property.

Discover the allure of Redding, CA, a thriving location for commercial real estate investment. Nestled in the heart of Northern California, the area offers a scenic backdrop of the Cascade Mountains and the Sacramento River. With accessible transportation links and a growing economy, Redding provides an ideal environment for office building investment. Nearby, the bustling downtown area features popular dining spots and entertainment venues, while outdoor enthusiasts can explore the nearby Whiskeytown National Recreation Area and Lassen Volcanic National Park. From its picturesque landscapes to its diverse business opportunities, Redding presents an exciting prospect for prospective office building investors.

Lot Size: 0.28 acres

Map of 2335 Hilltop Dr, Redding, CA, 96002

Presented by:
eXp Commercial | California

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Scott Pewitt


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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.