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.
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 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
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.
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
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.
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.
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.
Located in the absolute core of Downtown Chico just steps from California State University, Chico, the subject property fronts onto Main Street between 2nd & 3rd Streets and runs all the way through the city block to Wall Street where the large municipal parking lot is located. This mixed-use building is currently configured as a well known walkable indoor mall with 20 leasable units consisting of various retail, personal services, restaurants, and office space. Known as The Garden Walk Mall, the property offers an opportunity to continue with and improve upon the exiting layout and tenancy model or redevelop into a more traditional retail building able to accommodate tenants up to 23,450 SF. The footprint of the ground floor is approximately 16,950 square feet with a 2nd floor of approximately 6,500 square feet. The front 10,000 square feet is open clear-span arched wood truss construction and the rear 6,500 square foot, two-story section is CMU block with steel support columns. The property is zoned DN (Downtown North) which accommodates many various uses including a wide range of retail, personal service, educational, cultural, and recreational uses, with office and residential uses above the ground floor. Allowable building height is 85 and traffic counts on Main Street ar
Own a piece of Chico History! The El Rey Theater has gone by a few names in its lifetime, the Majestic Theatre, The National, The American, and finally the El Rey. Through all of the changes, it's maintained its long tradition of film screening and a performance venue. Originally commissioned to be built by the Chico Elks Lodge in the Spring of 1903, it opened its doors for the first time in 1906 as the home of the Chico Elks Lodge 423. The first floor, at street level, was leased to the Majestic Theatre Company which opened The Majestic Theater in Spring of 1906. The current owners began the renovation and restoration of the historic theater in 2017, investing in an entirely new state-of-the-art sound, lighting, and a high-definition LED video wall production. As a result of the remodel, the El Rey has become a popular performance and event venue, and with more renovations an expanded income is highly possible. This property also includes two additional street-facing suites. One unit is a food and beverage store, and the other is set up for a retail store, allowing for additional income opportunities. From the beginning until today, The El Rey Theater has not only provided community performance and cinema space for the city of Chico, but it has also served as a historic landmark
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!
Great investment near CSUC! This 5 unit complex is clean and has been very well cared for! All 5 units feature 3 spacious bedrooms and 2 bathrooms, full size washer and dryer, updated cabinets, granite counter tops in the kitchen with new stoves, refrigerators and water heaters. The upstairs bedrooms are very large 12'.6" x 16', each with two closets. Dual pane windows were installed in 2007, upgraded Levolor blinds for all windows in 2017 and new roof in 2013. There are very few owner expenses with tenants paying water, gas and electricity.
Opportunity to own two commercialbuildings on one parcel on the highlyvisiblecorner of W 9th & Salem. Established businessis not for sale but has been a long term Tenant. Corner building (244 W 9th) is reconfigured to a recording studio and design workspace. Building has an ADA ramp in the rear, a charming front porch and is estimated to be 1204 sqft. Retail building (236 W 9th St) is 2 stories, estimated at 1608 sqft, with the ground floor operatingasa retail storefront and Tenant uses the upstairs as administrativeoffice space. Both buildings have metal roofs and sharerear parking.
Entire city block in central Chico ~20,000 sq ft of metal warehouse with ~1200 sq ft of conditioned office space. Warehouse clear height is 15'10". Truck dock facing Orange St with 8'h x 11'w roll up door, 1 double sliding door facing W 7th St approximately 14' tall and 24'8" wide at opening, 2 sliding doors facing W 6th St approximately 14' tall and 12' wide. Zoned IOMU
Fenced lot with 2 commercial buildings. Third building could be office or studio apartment. Well and septic. One commercial building is approx 30'x30' with a concrete floor. The 2nd commercial building is approx 20'x60' with a wood floor that extends out under the full length covered porch to provide additional storage. Billboard on property has separate PG&E and produces income. Seller will consider financing. Lots of possibilities
Great location in the Hegan Lane Business Park. 4 acres total (2 parcels) ready for development with curb, gutter, sidewalk already in place and city utilities in the street. Quick and easy access to highway 99 which is 1.5 miles away (4-5 minutes).
PLEASE DO NOT DISTURB OCCUPANTS; Looking for a large shop on almost a half acre of property? Well look no farther!. This property boasts a 45x60 shop that sits on approximately .47 of an acre and has a space that could be used as a living quarters! This shop has 3 large roll up doors, is all electric, has a split unit for heating/cooling, an on demand water heater, a fenced side and back yard area complete with a covered patio and a container (trailer) out back for additional storage that will remain on the property. The entire property is partially fenced and the owner will be installing a fence separating this property from the neighboring property after close of escrow. Inside the shop there is a large storage space above the potential living quarters and a framed out room that could be used as additional storage. Come view this property in person to see all the opportunities there are!
Look at this great property that is now fully Leased to a local business and has been recently painted on the inside and out. The seller has just installed 4 new cooler systems, replaced the roof, stripped the parking lot, and a new rear rollup door to the back entrance. This concrete building has mostly been used as a GYM over the years, but with a CN (neighbor Commercial) zoning there are many possibilities. A lobby is at the front entrance and there is an office, 2 restrooms, and a shower room with a full mezzanine above the Office space. This could be the answer to your client's 1031 Exchange concerns.
