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33529384

1220 Shasta St, Redding, CA 96001 For Sale

KS
CA 02239282
MK Commercial Realty
Listed by MK Commercial Realty
$1,995,000
114 days on market
Updated 37 days ago
Opportunity zone

Shasta St Sunoco

Details
APN 101-430-031-000
Property Type Business for Sale, Retail
Sub Type Convenience Store, Gas Station
Square Footage 10,454
Net Rentable (SqFt) 10,454
Units 1
Brand/Tenant Sunoco
Price per SqFt $191
Broker Co-Op Yes
Year Built 1979
Year Renovated 2023
Buildings 1
Stories 1
Lot Size (SqFt) 10,454
Zoning Commercial
Investment Type Owner/User
Ownership 100

Redding Fuel Station & C-Store | Absentee Ownership with Operational Upside

Marketing description

MK Commercial Realty is pleased to exclusively present the Downtown Redding Sunoco located at 1220 Shasta Street in Redding, California. This offering presents a rare opportunity to acquire both the business and fee-simple real estate of an established fuel and convenience store operation positioned in one of Redding's most densely populated and highly trafficked urban corridors.

Strategically situated near CA-44, Interstate 5, downtown Redding, Shasta Regional Medical Center, and Mercy Medical Center, the property benefits from a diverse mix of commuter, residential, healthcare, and regional traffic generators. The infill location provides consistent daily customer demand while maintaining convenient access to the broader Redding trade area.

The site consists of a Sunoco-branded fuel station and convenience store situated on a 10,454-square-foot parcel with approximately 1,252 square feet of retail improvements. Current operations generate approximately 40,000 gallons of monthly fuel volume and approximately $41,000 in monthly convenience store sales, providing a proven operating foundation for future ownership.

Currently operated under absentee ownership, the business presents a compelling value-add opportunity for an experienced owner-operator seeking to enhance profitability through active management, merchandising improvements, product mix optimization, expanded food offerings, and operational efficiencies. The combination of existing fuel infrastructure, real estate ownership, established customer traffic, and operational upside creates an attractive acquisition opportunity within California's highly supply-constrained fuel and convenience store market.

Prospective purchasers will benefit from acquiring a turnkey operating business together with the underlying real estate, allowing for long-term control of both the operating asset and strategic infill location within the Redding market.

Investment highlights

Business & Real Estate Included – Fee-simple acquisition providing complete operational and real estate control.

Established Sunoco-Branded Location – Recognized fuel brand serving local residents, commuters, and regional traffic.

Signalized Corner Location – Prominent hard-corner positioning with strong visibility and convenient access.

Consistent Operating Volumes – Approximately 40,000 gallons of monthly fuel sales and approximately $41,000 in monthly inside sales.

Absentee-Owned Operation – Opportunity for an owner-operator to improve efficiencies, margins, and overall performance.

Strong Demand Drivers – Supported by nearby hospitals, downtown employment centers, established residential neighborhoods, and regional transportation corridors.

Strategic Access to CA-44 & Interstate 5 – Convenient connectivity to Redding's primary commuter and travel routes.

California Fuel Market Barrier to Entry – Existing fuel infrastructure and operating business create significant replacement-cost advantages relative to new development.

Listing Contacts

KS
CA 02239282
MK Commercial Realty
Listed by MK Commercial Realty

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Additional Information

Name
Karanbir Singh
License
02239282
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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