5% Seller Financing! 8 units total. Three five bedroom units and 4 Four bedroom units along with a one bedroom one bath unit. Large townhouse units with washers and dryers. Each unit has a separate water, gas and electric meters. Very well maintained and close to the university. No vacancies. Appointment only! Do not bother tenants!
Welcome to 494 E. 5th Street, a unique and meticulously renovated historic property comprising a stunning period styled triplex and two additional detached dwelling units, totaling five units altogether. The main house is one of very few OCTAGONAL built homes ever constructed. During the recent period-appropriate renovation no expense were spared. The upgrades include brand-new roofs, electrical and plumbing systems, energy-efficient mini splits with heat pumps, elegant granite counters, custom doors and windows, modern appliance packages, a charming porch, and an inviting overhang all enhancing the property's allure. Units have indoor laundry. This exceptional property boasts a prime location, situated right on the edge of the renowned GOLDEN TRIANGLE Chico's most sought-after downtown residential area. The Golden Triangle is synonymous with luxurious living and offers unparalleled convenience to tenants. Residents can easily walk to a myriad of dining options, shopping destinations, and vibrant nightlife downtown. Additionally, Bidwell Park beckons with its recreational activities like biking, walking, and swimming, providing an ideal escape into nature. Seller may finance, terms negotiable. Upstairs has potential for development of additional units, buyer to investigat
The Shops at Mangrove are located in the heart of Chico at the gateway to downtown and California State University, Chico. This is one of the city's most attractive retail centers directly across from Chipotle, Rite Aid and the Safeway anchored Park Plaza Shopping Center. This is a daily needs drive by location at the corner of Mangrove & Vallombrosa, with a combined traffic count of more than 35,000+ vehicles per day. Within walking distance to Chico Junior High, Chico State and Chico High School. The center is 90% leased out. The center consists of three separate buildings on two parcels. Two of the buildings at 605 Mangrove (Parcel 003-210-018) are a leasehold interest with a long term ground lease. The third building at 615 Mangrove (Parcel 003-210-019) is on a fee parcel. The ground lease has approximately 42 years of control remaining including options. The NOI has been calculated net of the annual ground lease payments. The ground lease provides for a 12% increase every five years. The leasehold interest vs fee ownership allows an investor to own a newer quality center at a higher than average cap rate compared to comparable quality assets in California.
Great Investment Opportunity or owner user possibility! This office building is located in a highly desirable part of South Chico. There are currently three units. Each unit has been extensively built out with private offices, built in reception, and sinks. Common area has been remodeled and the exterior was painted in 2021. The largest unit has flexibility and could vacate for an owner/user purchase or own as an investor. Lots of possibilities.
Once, in a generation opportunity to purchase two iconic properties along the beautiful, world-renowned Esplanade, historic Gateway to downtown Chico. This offering includes "The Red tavern building", a 4,802 square-foot mixed use commercial building, and the "Nopel House", a beautiful, 1,379 square-foot home converted into an office building. Both buildings sit on two separate parcels and are being sold together because they share parking and patio lease space. The Nopel house at 1230 Esplanade is a classic Chico charmer, built in 1907 and beautifully restored into a contemporary commercial office. Perfect for any professional use for those who appreciate a stately location in a stylish business environment. Includes an exquisite side patio, currently leased to the Red Tavern. In the back is a large parking lot that is shared with the Red Tavern, and a small vacant yard area that might be utilized for future development or additional parking. The red tavern at 1250 Esplanade is a delightfully warm and colorful two-story commercial building constructed in 1905 with four units. The showpiece is the Red Tavern itself with approximately 1,776 sq ft of downstairs kitchen and fine dining space. The beautiful outdoor patio is leased from the adjacent property next door. The second grou
Excellent medical office for sale in an established professional business park, shared with other medical practices and a surgery center. The attractive grounds with mature landscaping, creates a park like setting, which is very appealing. The well maintained space consists of; an ample size waiting room, with a large built in reception/administrative area, 4 offices/exam rooms spread out around a large open area, separate employee and patient bathrooms, and a rear storage room.
Beautiful office for sale in a first class professional business center. Attractive grounds and business environment. Beautiful and spacious waiting room, expansive reception administrative area, multiple offices/exam rooms and two large open flex area rooms. Can be split into two units. Offices are currently being used as a family and children audiology clinic. Tenant vacating soon. Also available for lease.
Hard to find small, general office condominium building in a well maintained POA plaza. This unit is surrounded by predominately medical users, an extensive amount of residential units, down the street from Enloe Hospital planned expansion on East Avenue, and seconds from Highway 99 / East and Esplanade intersection. Unit could potentially be modified for medical use. The unit consists of a shared entryway, private waiting room, reception, 4 offices, conference room or two more offices/exam rooms, two private restrooms, and lab and/or office work area. An amazing opportunity for an owner user or investor - previously used as a law office, but has been used as a medical office as well. Shared parking throughout and on the corner of signalized intersection at Holly Avenue on a main thoroughfare through Chico connecting you to most places in Chico within 15 minutes.
Exceptionally well-maintained commercial property on a vibrant stretch of Mangrove Ave. Between 1st and 3rd Avenues. Huge Traffic Counts! More than 21,000 vehicles per day. Thriving commercial corner. neighboring businesses include Great Harvest Bread, Popeyes Louisiana Kitchen, and Jiffy Lube. Three commercial units for a total of 6,599 Sq. Ft. Three units fully leased. Great Commercial Investment Property - 6.75% CAP RATE. Please DO NOT disturb tenants.
Great opportunity for an owner-occupier or investor. Professional office building in the established Stonebridge complex. Right off the Esplanade with easy access and ample parking. Multiple private offices, conference room, kitchenette, and restrooms. Significant improvements have been done to the property including an interior remodel in 2019, roof replacement in 2021, and new HVAC unit in 2021. New exterior paint is scheduled for summer of 2024. Part of the Stonebridge POA which covers maintenance of the common area, landscaping, fencing, garbage, water, parking lot, fencing, roofing, and exterior paint.
Located in the heart of the Cohasset Medical District and fronting onto Cohasset Road, this multi-tenant building has a great mix of restaurant/taphouse, medical and office users. Flanked by some of the largest medical operators in the region including Enloe Medical Center, this four-tenant building has a very solid rental history, with the US Department of Veterans Affairs occupying since 2012 and all tenants having multi-year terms remaining. Contributing to the low historical vacancy rate, 250 Cohasset Road has a large parking area, great street frontage, solid co-tenancy within the Cohasset Village Complex (including Chico Sports Club, Reeve Woods Eye Center, Paradise Medical Group, Valley Clinical Labs and many others), and ease of access from Highway 99, Mangrove Avenue and Esplanade. Other adjacent users include Enloe Regional Cancer Center, Ampla Health, Chico Pediatrics, Vitalant, Enloe Prompt Care, Northstate Cardiology and many others.
Professional medical office building, centrally located in an established business park, with majestic shady trees, mature landscaping, and ample parking. This well maintained, 2 story, free standing building consists of; (Downstairs) a good size waiting room, with built in reception with window for check in/out, a built in nurses station, numerous exam rooms with sinks, 2 large private offices, employee breakroom, separate employee and patient bathrooms, and a storage room. (Upstairs) consists of several designated admin work areas, a private bathroom with shower, 2 private offices, another small kitchenette area, and 2 more storage rooms.
This Chico Investment Opportunity is located in Central Chico and fully occupied with a strong Professional Tenant base. All leases are long term and most have been long time Tenants. The building shows pride of ownership and is nicely landscaped with ample parking. The building has five suites mostly Dentistry based. This investment has a solid return and steady growth for your portfolio. This building can be sold with the adjacent 660 Rio Lindo to own the entire complex. Owner financing may be available for well qualified buyers.
This fabulous Professional Medical/Office complex has strong long term Leases making it an ideal Investment opportunity! With a total of Seven suites, mostly dental, this property shows pride of ownership, is nicely landscaped, and has ample parking. There is potential for an owner occupied investment opportunity with one unit currently available. Located in the Heart of Chico and surrounded by many other professional medical offices, this property has strength and growth potential for your portfolio. There is potential for owner financing for well qualified buyers.
This professional office building can be either an owner occupied investment opportunity or Landlord investment opportunity. Ideal for anyone who has a business and wants to own and wants investment income. There is a 2800 Sq Ft suite available for an Owner or Tenant use with another suite that is occupied by a Dental practice. Current Tenant has a long term lease and solid history. Located in the heart of Chico and surrounded by many of Chico's predominate Medical facilities; this building shows professionally, has ample parking, and nicely landscaped. The building can be sold concurrently with the adjacent building at 650 Rio Lindo Ave. Owner financing may be available for a well qualified buyer.
Well located office building with Five units in the heart of the centrally located Rio Lindo Avenue commercial area. Four of the suites are leased and there is one vacancy. Great opportunity for an owner user or an investor poised to add upside value. The neighboring office building next door at 572 Rio Lindo Ave. is also For Sale. Please do not disturb tenants.
Well kept office building with multiple units in the heart of the centrally located Rio Lindo Avenue commercial area. Beautiful lobby and sunlit entry way with very clean, professional common areas. Includes digital business directory and elevator. Good professional tenant mix with about half of the units occupied. Office suites are metered separately for maximum tenant flexibility. Currently there are nine tenants and five available suites, and the floor plan could allow up to 18 units. Buyer to verify. Great opportunity for an owner user or an investor poised to add upside value. The neighboring office building next door at 578 Rio Lindo Ave. is also For Sale. Please do not disturb tenants
Class A office space on California Park Lake with lake views. Great location in close proximity to dining options, freeway access, and ample parking. Waiting/reception area, large conference room, 10 large offices, bullpen/open area, break room with kitchen, copy room, storage. Patio space on the lake for outdoor work/relaxation.
Great opportunity for investment in prominent area of professional office buildings, Philadelphia Square. Long term tenant. New fifty year composition roof just installed and recently had ADA requirements finished and landscaped.
Prime commercial property just one block East of I-5. This is a great location with easy access to I-5 and close to the downtown area. C-2 zoning allows for a wide variety of uses. There are 8 separate parcels ranging in size from .5 acres to 3 acres for a total of 8.8 acres. Buy all or buy select parcels. Meet the neighbors! The information contained herein has been obtained through sources deemed reliable but cannot be guaranteed as to its accuracy. Lot size taken from public records. Buyer is advised to investigate to their satisfaction.
Welcome to the Vernon House at 60 Declaration Drive, a distinguished two-story office building nestled in the vibrant community of Philadelphia Square. This remarkable property, constructed in 1989, offers a total of four fully occupied units. This property is an excellent fit for investors seeking a sound income-generating asset that radiates professionalism and functionality. Located in a planned development area, the property benefits from its strategic positioning close to main thoroughfares, offering easy access for commuting and business operations. With a proforma Capitalization Rate of 6.53%, and an actual of 4.38%, this building could be an appealing investment opportunity, with a stable return. Invest in your own piece of Philadelphia Square!
The last buildable office pad, ready for a proposed 4,000 SQ FT building in one of Chico's most professional developments. Easy accessibility from Hwy 99 with ample on site parking and curb, gutter, and sidewalk already in place. Located in growing North Chico with many amenities nearby.
Prime commercial property just one block East of I-5. This is a great location with easy access to I-5 and close to the down town area. C-2 zoning allows for a wide variety of uses. There are 9 separate parcels ranging in size from .5 acres to 3 acres for a total of 11.25 acres. Buy all or buy select parcels. Meet the neighbors!The information contained herein has been obtained through sources deemed reliable but cannot be guaranteed as to its accuracy. Lot size taken from public records . Buyer is advised to investigate to their satisfaction.
Prime commercial property just one block East of I-5. This is a great location with easy access to I-5 and close to the down town area. C-2 zoning allows for a wide variety of uses. There are 9 separate parcels ranging in size from .5 acres to 3 acres for a total of 11.25 acres. Buy all or buy select parcels. Meet the neighbors! The information contained herein has been obtained through sources deemed reliable but cannot be guaranteed as to its accuracy. Lot size taken from public records. Buyer is advised to investigate to their satisfaction.
