Prime Development Opportunity in South West Redding, CA on High-Traffic Corner
1600 Buenaventura Blvd
Redding, CA 96001
FOR SALE
Property Type:
Commercial Land DevelopmentAmount:
$1,490,000
Last Verified:
Jan 14, 2025Daily Email Blast
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Highlights
- Zoning: Permited for Professional Office, Medical Office, or Dental Office outright.
- Development Potential: Previous feasibility study for 60 multifamily units, including one and two bedroom configurations by Sharrah Dunlap Sawyer was completed.
- Ideal Location: Nestled near West Redding’s affluent residential neighborhoods and primary shopping centers.
- Flexible Purchase Options: Seller open to exploring seller carry, joint ventures, or creative purchase structures.
- Prime Visibility: Directly across from Placer Heights Shopping Center, anchored by Holiday Market and CVS.
- High Demand: Strong need for both professional office spaces and residential units in West Redding.
- Traffic Exposure: High traffic counts of 13,700+ CPD on Placer St and 9,800+ CPD on Buenaventura Blvd
Description
This strategically located commercial land at 1600 Buenaventura Blvd in West Redding offers exceptional opportunities for development. Situated near affluent neighborhoods and across from the bustling Placer Heights Shopping Center, this property is ideal for a variety of uses. Currently zoned for Professional Office, Medical Office, or Dental Office, with prior exploration for multifamily development, it provides flexibility for innovative projects.
Exit Hwy 44 heading West onto Shasta St. Turn Left on Court Street, Right on Placer Street. Property is on the south west corner of Placer Street and Buenaventura Blvd.
Lot Size: 7.52 acres