500 W East Avenue, Chico, CA 95926

$1,775,000
List Price
$1,775,000
Status
ACTIVE
MLS#
SN21022836
Year Built
1989
Lot Size
27,007
Acres
0.62
Lot Location
Landscaped, Level, Near Public Transit, StreetLevel
Days on Market
143
Property Type
Commercial
Property Sub Type
Office

Property Description

One of the most prominent office buildings in Chico, 500 W. East Avenue, is available for sale for the first time since construction. This stately building offers a sweeping two-story glass exterior with a recently remodeled interior. Located on one of the main thoroughfares in Chico, this building has great access to both Highways 99 and 32, and is situated in an area dominated by medical and professional office users including Enloe Medical Center which is soon breaking ground on a 120,000 square foot expansion four parcels east. The building consists of approximately 4,150 square feet of two-story front office space, 3,000 square feet of conditioned storage space as well as additional back office space on both the first and second floors. Additional facilities include a second floor patio, private garage with roll-up door, 12’ roll-up into the storage area, and an 88-panel roof-mounted solar system. This building would be suitable for a user requiring a flex-space operation with ability to potentially expand the office area in the future. The building is well parked with 28 spaces and the property has been very well maintained. The current tenant is on a new five year lease with flexible possession terms. Call broker for further details on the existing tenancy. All information contained herein is from sources deemed reliable, we do not, however, guarantee its accuracy, Buyer to verify all information herein.

Additional Information

Water
Public
Gross Scheduled Income
$114,000

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Calculator source: Real Geeks

Listing courtesy of Brandon Harris from Harris Commercial Real Estate

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.