1215 Mangrove Ave - Office FOR SALE


Chico, CA 95926
$975,000 USD
530-828-0011
1215 Mangrove Ave, Chico, CA for Sale
$975,000 USD
Office - FOR SALE
1/6
null | Request Cap Rate

1215 Mangrove Ave
Chico, CA 95926


HIGHLIGHTS

  • Huge Traffic Counts!
  • Busy Mangrove Avenue
  • 21,000+ Vehicles Per Day
  • Commercial Income Property - Good Return on Investment

OVERVIEW

Exceptionally well maintained commercial property on a vibrant stretch of Mangrove Ave. between 1st and 3rd Avenues. Huge Traffic Counts! More than 21,000 Vehicles per day. Thriving commercial corner. Neighboring businesses include Great Harvest Bread, Popeyes Louisiana Kitchen, Jiffy Lube, Chevron, Mangrove Medical Center, Boost Mobile and Papa Murphy's Pizza. Three Commercial Units for a total of 6,599 sq. ft. Fully leased. Excellent Return on Investment - 6% Cap Rate.

FOR SALE DETAILS

PRICE

$975,000 USD

PRICE/SF

$148 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Commercial Income Property - Fully Leased

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

28

LAND DETAILS

LAND ACRES

0.59 AC

LAND SF

25,700 SF

ZONING

CC

APN/PARCEL ID

003-451-021-000

ASK ABOUT THIS PROPERTY

Mike DonnellyColdwell Banker Commercial C&C PropertiesMore Info
530-828-0011

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Mike DonnellyColdwell Banker Commercial C&C PropertiesMore Info
530-828-0011

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.