$320,000
Est. $2,194/mo See the math1568 Victor Avenue
Redding, CAView on map
2
Beds
3
Baths
1
Acres
About This Property
Exceptional opportunity in the heart of Redding's thriving commercial corridor! Two adjoining ½-acre parcels (1568 & 1562 Victor Ave) are being offered together, creating a rare 1-acre commercial footprint in a highly desirable location. The home is located on 1568 Victor Ave. Both parcels are Zoned LO (Limited Office) and GO (General Office), this versatile property supports a wide range of professional, residential, and commercial uses. Positioned just one parcel off the high-traffic corner of Dana Drive & Victor Avenue, the site benefits from excellent accessibility, visibility, and proximity to major retail, dining, and business services, as well as quick access to Interstate 5. The parcel at 1568 Victor Ave features an existing residential structure, offering immediate potential for conversion into office space, boutique business use, massage or wellness studio, art studio, or similar professional applications. The adjacent parcel at 1562 Victor Ave includes a non-functioning trailer, presenting a blank slate for redevelopment or expansion. Both parcels offer flat, usable land with valuable Victor Ave frontage, making this an ideal opportunity for investors, owner-users, or developers seeking a strategic location with strong upside potential.
Property Details
Community
- Address
- 1568 Victor Avenue, Redding, CA 96003
- Area
- Redding NE
- County
- Shasta
- Zip Code
- 96003
- Cross Street
- Dana Dr.
- Parcel Number
- 071-240-017-000
Architecture
- Bedrooms
- 2
- Bathrooms
- 2
- Year Built
- 1970
- Levels
- One
- Style
- Contemporary
- Construction
- Wood
- Roof
- Comp
- Foundation
- Raised
- Parking
- Not Assigned, Off Street, On Street, Converted Garage
Features & Amenities
- Flooring
- Wood, Tile
- Cooling
- Evaporative
- Heating
- Electric, Wood Stove
- Security
- Smoke Detector(s), Carbon Monoxide Detector(s)
Property
- Lot Size
- 43,560 sq ft / 1 acres
- Lot Features
- Level, City Lot
- Sewer
- Sewer, Public Sewer
- Water
- Public
- Electric
- 220V, Public
- Road Surface
- Asphalt
- Directions
- Hwy 44 E take Victor Ave. & turn Left. Parcels are on the left side of Victor Ave.
Monthly Payment
Down payment
Loan term
Starts at the 30-year national average from Freddie Mac for the week of Nov 5, 2026. Your rate depends on credit, loan type and points.
California resets the tax to about 1% of the sale price, plus local bonds, so the seller's current bill does not carry over.
Insurance starts at a typical figure for homes like this one. Quotes vary widely in Shasta County, so get one early.
None listed in the MLS.
Estimated monthly payment
$2,194
- Principal and interest
- $1,734
- Property tax
- $293
- Home insurance
- $167
Down payment
$64,000
Loan amount
$256,000
An estimate for planning only, not a loan offer. See the disclaimer below.
Disclaimer
This calculator is for general information and planning only. It is not a loan offer, a pre-approval, a commitment to lend, or financial, tax or legal advice. Wahlund & Co. Realty Group and The Normandeau Team are real estate professionals, not mortgage lenders or brokers, and do not make loans.
Results are estimates based on the numbers entered and on assumptions that may not fit your situation. The starting interest rate is a national weekly average published by Freddie Mac and is not a rate quote; your actual rate, payment and loan terms depend on your credit, income, down payment, loan program, points and lender, and rates change daily. Property tax is estimated at about 1.1% of the price and may be higher where special assessments or Mello-Roos taxes apply. Home insurance starts from typical local figures for the home's location, using public map data that may be out of date or incomplete; actual quotes vary widely. Mortgage insurance is a rough estimate. HOA dues come from the MLS listing and should be confirmed with the association. Closing costs, prepaid items, reserves and other fees are not included.
Listing information is deemed reliable but not guaranteed. Talk with a licensed lender for an accurate quote, and verify all figures before making any decision.
Location
Listing Information Last Updated 11/12/2026
Listing provided courtesy of Maggie McGrath (530-941-3166), Northstate Real Estate Professionals.
Listing data is provided courtesy of the Shasta Association of REALTORS®. Information is deemed reliable but not guaranteed and should be independently verified. This property may be listed by a brokerage other than Wahlund & Co. Realty Group.
