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!
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.
If you looking for a large building to accommodate your business or an investment this one works for both! Includes a first and second floor suite, in which there is a private office on the third floor that is included in the second story suite! Each suite has multiple private offices and built in reception. Located in a professional complex that is on the corner of Eaton and Esplanade makes quick access to the freeway.
This is a rare and lucrative opportunity to own a versatile commercial property in a strategic location, 3948 Co Road 99 presents a plethora of possibilities for your business venture. Spread over a sprawling 13.92 acres, split into 2 parcels, this property is currently utilized as an operating used auto parts yard. Strategically located with excellent road access and the potential for a railroad spur, this property has a unique logistical advantage. With such multi-modal transportation options, businesses can efficiently move goods. This multi-faceted property is zoned M for industrial use, offering canvas for businesses across various sectors. Whether youre in manufacturing, distribution, storage, or want to continue in auto recycling, this property offers multiple possibilities. For those interested in the auto parts business, theres an option to purchase the existing inventory of vehicles on the lot, along with the land for $1.8 million, you could step into a turn-key operation and generate revenue from Day 1! Rest easy knowing that the State Department of Toxic Substances Control has given this property a clean bill of health. This ensures fewer complications in your future endeavors, whether you plan to build, repurpose, or continue the existing operations. Auto parts
One of the most inspiring and prestigious properties in Northern California. This is an investment offering for the acclaimed Cal Northern School of Law complex, a beautiful Class A facility with exceptional Lease Income. The building is leased to the Law School, the United States Internal Revenue Service and a Law Firm, and the Subject Property is being positioned to allow for two more tenants and generate even greater rental income. Inquire for details. The Law School campus setting includes a beautiful entrance, spacious hallways, large high tech classrooms, elegant surroundings and even a large covered outdoor meeting space for festivities and events. The other office units are equally well appointed and are utilized by strong, solid tenants. Great commercial area surrounded by other professional, well cared for properties and businesses. Perfect opportunity for the investor who seeks a quality asset that is safe and secure, and delivers a good return on investment.
Beautiful campus-like complex in The Executive Park, one of the best and most prestigious business parks in town. Two buildings with a total of five office units for a total of 16,522 sq. ft. on 2.2 acres. Partially leased. Perfect for the owner/user looking for a sterling new location for their business, or the investor looking for upside opportunity. Also available for lease. The neighborhood is surrounded by well kept professional properties with quality businesses. Excellent place to do business and a safe and stable investment.
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.
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.
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.
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.
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
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.
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.
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.
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!
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
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 Kelly Moore Paints, Great Harvest Bread, Popeyes Louisiana Kitchen, and Jiffy Lube. Three commercial units for a total of 6,599 Sq. Ft. Three units fully leased. Please DO NOT disturb 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.
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.
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
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
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
