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1023, 1107 Ream Ave., Mt. Shasta, CA 96067 (MLS# 20-5895)


$1,990,129
1023, 1107 Ream Ave.
Mt. Shasta, CA 96067
MLS# 20-5895



Site Plan
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Site Plan Parcel Map 1107 Ream - 5,937sf Professional Office Space Leased to County of Siskiyou 1023 Ream - 1800sf Leased to Dignity Health for Storage 1101 "B" Ream - Small Portion of the 10,000sf Leased to General Produce. One of Several Cold Storage Rooms 1101 "C" Ream - Portion of the 10,000sf Leased to General Produce - There are 9 Monitored Cold Rooms 1101 Ream - 1120sf Leased to Woods Distributing 1101 Ream - This Building Features 7 Fully Powered Loading Docks on East side of Building and 2 Loading Bays on West side of Building. 1101 Ream - General Produce Loading Bay on West Side of Building 1101 Ream - General Produce Loading Bay on West Side of Building

Property Description
Mt. Shasta Business Park consists of 2 Parcels (2.8 Acres) featuring 5 Buildings totaling +/-23,829sf, 90% is Occupied by Solid Tenants (County of Siskiyou, Dignity Health, Woods Distribution, General Produce & Matilda Unruh). Owner has Managed property for +/-10 years with Attention to Detail. Interior updates for General Produce Distribution Center (10,000sf) include Electrical, Lighting, Interior Insulation Paneling, 9 Temperature Controlled Rooms & 9 Loading Docks equipped with Refer Plug-Ins. Siskiyou County occupies +/-5,900sf Professional Office Space featuring functional floor plan, street frontage, ample parking. Leases @ Market Rate with Increases. Full Package Available Upon Request, Parcels can be purchased together or separately. CAP RATE 8.5

Details
Maps
Address Information
Street Number: 1023, 1107
Street Name: Ream Ave.
Cross Street: Mt. Shasta Blvd
State/Province: CA
Postal Code: 96067
County: Siskiyou
Property Description
Current Price: $1,990,129
Type: IN
Area: 90 - Mt. Shasta
List Price: $1,990,129
Parcel Number: 057-621-340 & 350
Sq Ft - Building: 23829
Sq Ft - Lot: 121968
SqFt - Bldg Rentable: 23829
SqFt - Bldg Usable: 23829
Lot Dim or Acres: 2.8 Acres
GP Zone: RED GI - General Industry
Zoning: RED - M-2 - Industrial District
Year Built Desc: 30+
Remarks
Directions: From Redding: North on I5, take exit 737 - left (north) on Mt. Shasta Blvd to Ream Ave.
Contract Information
Status: Active
List Date: 2020-12-18
Miscellaneous
# Docks: 10
Financial Info
Complete Package: Yes
Property Features
Business Type: Industrial; Mixed; See Remarks
Present Use: Industrial; Mixed; Office; Warehouse; Wholesale
Parking: Commercial Vehicle; Conforms to Zoning; Off Street; Private
Sub Zoning: Conforming
Exterior: Metal; Stucco
Roof: Metal
Lease Term: 1 - 2 years; Month to Month
Lease Type: Modified Gross
Expense Data Source: Broker Estimate; Projected
Floors: Concrete; Wall to Wall Carpet
Owner Expenses: Insurance
Miscellaneous: Truck Door
Utilities: Gas; Three Phase; Public Water; Sewer; Telephone
Heat/Cool: Central Air; Central Heat; Zoned Air Condition
Available Terms: All Cash to Seller
Photo: On File
Possession: Arrange
Supplements
General Plan and Zone = Industrial Employment Center (EC)

Listing Office: NORTHSTATE COMMERCIAL PARTNERS

Last Updated: December - 18 - 2020

1023, 1107 Ream Ave., Mt. Shasta, CA 96067 - MLS# 20-5895

Information deemed reliable but not guaranteed.

Saturday 16th of January 2021 02:00 PM