2477 Forest Avenue, Chico, CA 95928

$12,500,000
List Price
$12,500,000
Status
ACTIVE
MLS#
SN21170830
Year Built
2008
Lot Size
216,057
Acres
4.96
Lot Location
Item25UnitsAcre, Corner Lot, Landscaped
Days on Market
368
Property Type
Commercial
Property Sub Type
Retail

Property Description

Bulk sale on the hard corner of Forest Avenue and Notre Dame comprised of six separate parcels. 2477 Forest Avenue is a fully leased 5-unit, 13,780 square foot strip center with a healthy Tenant mix of retail, office, and a restaurant. 2499 Forest Avenue is a fully leased stand alone 6,175 square foot building on the hard corner of Forest and Notre Dame. The four other parcels details are as followed: Vacant land - 002-190-024-000 - 1.76 acres, Vacant land - 002-260-014-000 - 0.51 of an acre, Vacant land - 002-260-015-000 - 0.51 of an acre, Vacant land - 002-260-016-000 - 0.51 of an acre - overflow parking. Heavy traffic counts of 11,500 - 13,500 cars monthly and 400 feet from one of the busiest intersections in Chico at 31,300 monthly cars. All parcels are zoned Community Commercial. Community commercial allows for mixed use developments with residential above the ground floor up to a maximum of 22 units per acre. Within a 0.5 mile from HWY 99, Home Depot, Lowe's, Raley's, Starbucks, McDonald's, Les Schwab, Ross, T.J. Maxx, Burger King, Dollar Tree, Wittmeier, America's Tire, Butte Community College, and the list could go on! Please do not disturb the Tenants.

Additional Information

Water
Public
Attached Structure
Detached

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Listing courtesy of Listing Agent: Candace Andel from Listing Office: Century 21 Select Real Estate, Inc.

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.