21
See all 21 photos
$333,333
Est. payment /mo
9,148 Sqft Lot
Price Dropped by $36K
575 East AVE Chico, CA 95926
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Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 225004815
HOA Y/N No
Originating Board MLS Metrolist
Year Built 1954
Lot Size 9,148 Sqft
Acres 0.21
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
Direction from hwy 99, head down east ave and property will be on the corner
Location Details Shopping Nearby
Interior
Heating Varies by Unit
Cooling Wall Unit(s)
Flooring Carpet, Wood, Varies by Unit
Window Features Caulked/Sealed
Exterior
Parking Features Public, Exclusive
Utilities Available Cable Available
Water Access Desc Public
Roof Type Flat
Building
Foundation Slab
Sewer Public Sewer
Water Public
Others
Senior Community No
Tax ID 007-080-062-000
Special Listing Condition None
Listed by Nikos Krohn Realty