Compass
Listed by Compass
$1,395,000
4 Long Ridge Rd., Redding
Details
Property Type Retail, Multifamily
Sub Type Apartment Building, Restaurant
Square Footage 5,282
Units 25
Tenancy Vacant
Year Built 1989
Buildings 2
Stories 2
Acreage 0.690
Zoning NB
Parking Spaces 25 spaces
Parking Per SqFt 4.73
Investment Type Owner/User
Ground Lease No
Ceiling Height 8.00
Retail | 5,282 SqFt
Marketing description
This unique property offers the perfect blend of living, working and investing in a picturesque and convenient setting. For 15 years, the current owner has enjoyed a seamless "work from home" lifestyle, with a spacious upstairs apartment above the main building and store. The property also includes a separate retail cottage, ideal for generating rental income or expanding your business operations. With two commercial retail lots sold as one parcel, the property offers endless possibilities. The main building and retail cottage are perfect for businesses such as a shop, restaurant, pub, gourmet market, coffee shop, brewery, garden center, florist, wellness center, therapist office, physical training studio, ice cream shop, or even an AirBnb rental. The versatility of this property makes it a rare find. Located in a prime transit-oriented district, the property is directly across from the Redding Train Station and within walking distance of the Post Office and a shopping center featuring a pizza parlor, liquor store, hair salon and more. A feasibility study is available for CT 8-30g Affordable Housing with potential for 7-15 apartment units or up to 25 units with a clubhouse, making it an excellent investment opportunity. Impeccably maintained, the property features multiple patios, lush gardens, and ample parking. The current business, Fleur De Lis Antiques and Design, is available for purchase. This one of a kind property is ready to bring your vision to life.
Investment highlights
Flexible opportunity in this fabulous mixed use property. Endless possibilities in a great location.
Listing Contacts
Compass
Listed by Compass
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Is there information that looks off?

































