fbpx

$349,900
2,390 Sqft
9,148 Sqft lot

575 East Avenue, Chico, California 95926

  • Commercial Sale Property Type
  • 67 Days Time on market
  • $146 Price per sqft
  • 1954 Year Built
Property Description

*PRICE REDUCTION* Presenting 575 East Avenue, a prime 4-unit retail building located on a prominent corner at the intersection of East Avenue and El Paso Way. This property boasts excellent visibility and high-traffic exposure, making it an ideal investment opportunity for those looking to establish a presence in a bustling commercial area. This key location attracts a diverse customer base and offers tenants access to a steady stream of potential customers from its high visibility location, the adjacent walkable neighborhood, and even public transit stops located across El Paso Way. Recently remodeled and currently undergoing interior improvements, this building offers a blend of modern updates and strong potential for income growth. Two of the four units are currently occupied at recently increased rents, providing immediate cash flow. The remaining two units are vacant and actively listed at market rents, offering an opportunity to further increase the property’s income potential.

Basic Details
Commercial Sale
Buy
SN24192787
$349,900
2,390 Sqft
1954
9,148 Sqft
Active
Retail
Features
: Wall Furnace, Fireplace(s)
: Wall/window Unit(s)
: Chain Link
7
$0
Address
CA
Butte
Chico
95926
575 East Avenue
575
Avenue
0
W122° 8' 52.1''
N39° 45' 41''
Additional Information
67
1
1
2,390 Sqft
0 Sqft
0 Sqft
: Assessor
0.21 Sqft
9,148 Sqft
0 Sqft
OR
007080062000
$2,870
$0
$0
$0
$0
$0
0 Sqft
0 Sqft
$0
1
16/09/2024 18:02:29
$359,900
: Standard
Cash,AllFinancingConsidered
Southeast corner of East Ave & El Paso Way
Century 21 Select Real Estate, Inc.
Austin Barron
CHJEFFR
SN157011044
$0
54
: Standard
1
: Level, Corner Lot, Near Public Transit, Acreage
2024
: Electricity Connected, Water Connected, Phone Connected, Sewer Connected, Overheadutilities
1
: Square Feet
1
: Square Feet
1
2
4
1
US-06007-N-007080062000-R-N
Retail
09/11/2024 18:19:36
East
Mortgage Calculator
$
$ %
years
%
$ %per year
$ %per year

$