575 East AVE Active Save Request In-Person Tour Request Virtual Tour
Chico,CA 95926
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 225004815
Year Built 1954
Lot Size 9,148 Sqft
Property Sub-Type Mixed Use
Property Description
This building generates nearly $40,0000 a year in annual rents with opportunity for upside! Excellent investment opportunity! Very hard to find a cash cow updated commercial building on highly visible East Avenue in Chico at this price point. All six units are fully rented with 1 to 2 year leases. All tenants have expressed desire to stay! Three of the units have been remodeled in the last couple months with modern flooring and new paint! The exterior of the building has also been given a face lift with striking black and white paint. Commercial properties like this one at this price point do not become available often!
Location
State CA
County Butte
Area 12550
Interior
Heating Varies by Unit
Cooling Wall Unit(s)
Flooring Carpet,Wood,Varies by Unit
Exterior
Parking Features Public,Exclusive
Utilities Available Cable Available
Roof Type Flat
Building
Foundation Slab
Sewer Public Sewer
Water Public
Others
Special Listing Condition None