460 Rio Lindo Avenue, Chico, CA 95926
- $2,250,000
- List Price
- $2,250,000
- Status
- ACTIVE
- MLS#
- SN21011880
- Year Built
- 1976
- Lot Size
- 54,886
- Acres
- 1.26
- Lot Location
- Landscaped, Near Public Transit, Paved, Rectangular Lot, SprinklerSystem, StreetLevel
- Days on Market
- 95
- Property Type
- Commercial
- Property Sub Type
- Office
Property Description
FOR SALE…Rare, Single Tenant, Office Investment Opportunity, with long term rental history. Currently occupied by PG&E, as the sole tenant, for the last 30 years +/-, the Subject Property is a well maintained, recently updated, single story office building, with ample parking, and fenced/secure yard space behind the building, for parking the PG&E work trucks/rigs overnight. Current Lease has more than two years remaining, with two additional, 24 Month “Options to Renew”, making this both a unique and intriguing offering, that surely won’t last long.
/https://t.realgeeks.media/resize/300x/https://u.realgeeks.media/coldwellbankerchico%252Flogos%252FLogo_103002_DuFour_Realty_VER_BLU_RGB_FR.png)
Additional Information
- Taxes
- $23,397
- Heat
- Central
- Cooling
- Yes
- Cooling Description
- Central Air
- Exterior Construction
- Drywall
- Roof
- Composition
- Water
- Public
- Number Of Units Total
- 1
- Gross Scheduled Income
- $171,766
- Operating Expense
- 13190
Mortgage Calculator
Listing courtesy of Brian Littrell from Coldwell Banker/DuFour
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.