575 East, Chico CA 95926 | $369,999
Listing provided courtesy of Nikos Krohn of Nikos Krohn Realty. Last updated 2025-05-15 08:37:57.000000. Listing information © 2025 SANDICOR.
This building generates nearly $40,0000 a year in annual rents with opportunity for more 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 one to two year leases. Property has six PG&E meters. The size and price point of these units are very desirable and have rented easily. 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! This property comes with two jack and jill bathrooms and one unit that has a full bath. 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!
More Details
1 Story
Business Type: Mixed
Asset Class: Office
Asset Class: Retail
Asset Class: Specialty
Heating: Central
