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Investment Highlights

  • 19,602 ADT
  • 210 Person Occupancy
  • 45' Pylon Sign
  • Grease trap, hood, walk-in coolers, commercial oven

Executive Summary

Discover an exceptional opportunity to own or lease an 8,287 SF freestanding retail building that can be converted to speciality use office, or medical space. Former use as a restaurant has left plenty of extra plumbing, sufficient electrical infrastructure, and multi-stall restrooms. Located in the heart of Redding, CA, this site would make it an ideal site for any retail use needing excellent exposure and high quantities of parking. Strategically positioned near I-5 and Highway 44 interchange, this property offers unbeatable accessibility and exposure. Featuring a prominent 45-foot pylon sign, the building delivers maximum visibility to thousands of passing vehicles daily. Ideal for businesses seeking strong brand presence and consumer reach. Flexible zoning supports a variety of uses, including retail, professional office, and medical office, making it a perfect fit for a wide range of operators. Seller Financing for Qualified Owner-Occupant Buyers: 40% down, 5.9 APR, Loan initiation fee 1%, 3 years term, amortized over 15 years.

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
8,287 SF
Building Class
B
Year Built
1987
Price
$2,363,250 CAD
Price Per SF
$285.18 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
1.43 AC
Zoning
GC-VR-BH - General Commercial, Visitor Retail, Building Height
Parking
100 Spaces (12.07 Spaces per 1,000 SF Leased)

Amenities

  • Corner Lot
  • Pylon Sign
  • Security System
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 8,287 SF
  • Restaurant
  • -
  • Now

Fully equipped restaurant build-out in a prime central Redding location near I-5 and Hwy 44 intersections. This former Marie Callender's offers a functional restaurant floor plan with seating for up to 210 guests as currently configured. FF&E is included in the lease, and key features include 2 hoods, 2 walk-in coolers, a large oven, and a 1,250-gallon grease trap. The landlord may consider dividing the space into a smaller footprint for qualified tenants, providing flexibility for a variety of concepts.

Space Size Space Use Position Available
1st Floor 8,287 SF Restaurant - Now

1st Floor

Size
8,287 SF
Space Use
Restaurant
Position
-
Available
Now

1st Floor

Size 8,287 SF
Space Use Restaurant
Position -
Available Now

Fully equipped restaurant build-out in a prime central Redding location near I-5 and Hwy 44 intersections. This former Marie Callender's offers a functional restaurant floor plan with seating for up to 210 guests as currently configured. FF&E is included in the lease, and key features include 2 hoods, 2 walk-in coolers, a large oven, and a 1,250-gallon grease trap. The landlord may consider dividing the space into a smaller footprint for qualified tenants, providing flexibility for a variety of concepts.

Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100

Nearby Major Retailers

Grocery Outlet
Cattlemens
Logan's Roadhouse
Applebee's
Five Guys
Tri Counties Bank
Black Bear Diner
Crunch Fitness
Planet Fitness
Orangetheory Fitness

Property Taxes

Property Taxes

Parcel Number
107-310-040-000
Land Assessment
$1,180,932 CAD
Improvements Assessment
$1,552,084 CAD
Total Assessment
$2,733,016 CAD
  • Listing ID: 38970378

  • Date on Market: 2026-01-05

  • Last Updated:

  • Address: 1987 Hilltop Dr, Redding, CA 96002

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