$625,000
Great opportunity for an investor or owner-occupier: two well-maintained buildings on nearly half an acre, including a 1,344 SQ FT 2 bed, 2 bath home and a 3,923 SQ FT shop with a finished office, built in 1999. Priced competitively at $119/SQ FT, this property offers strong value for the combined square footage and income potential. Both buildings have a history of long-term tenancy and will be delivered vacant at close. The shop carries grandfathered commercial use rights under the current R2 (medium density residential) zoning, providing future development potential. Each unit is separately metered, both roofs were replaced in 2013, HVAC systems were replaced in 2023, and the property is served by both city sewer and CalWater.
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195 E Shasta, Chico
Listed by Calen Chapman with Harris Commercial Real Estate
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195 E Shasta, Chico
Listed by Calen Chapman with Harris Commercial Real Estate
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2897 Cussick Ave, Chico
Listed by Kelli Smyth with NextHome North Valley Realty
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239 Gooselake Cir, Chico
Listed by Julie Christensen with Keller Williams Realty Chico Area
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355 Ellingson Ln, Chico
Listed by Adam Pearce with Adam Pearce, Broker
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121 W 1st, Chico
Listed by Marisa Bauer with Platinum Partners Real Estate
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3536 Shadowtree Ln, Chico
Listed by Jamie Engen with Bidwell Realty
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1464 Lucy, Chico
Listed by Sima Saboury with Porchlight Real Estate Brokers