460 Rio Lindo Avenue, Chico, CA 95926

$2,250,000
List Price
$2,250,000
Status
ACTIVE
MLS#
SN21143166
Year Built
1976
Lot Size
54,886
Acres
1.26
Lot Location
Landscaped, Near Public Transit, Paved, Rectangular Lot, SprinklerSystem, StreetLevel
Days on Market
86
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.

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

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Brian Littrell from Coldwell Banker C&C Properties

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.