2424 Park Ave - Service FOR SALE


Chico, CA 95928
$590,000 USD
530-230-4937
2424 Park Ave, Chico, CA for Sale
$590,000 USD
Service - FOR SALE
1/19
null | Request Cap Rate

2424 Park Ave
Chico, CA 95928


HIGHLIGHTS

  • High traffic count, each unit has its own suite address and own metered utilities

OVERVIEW

Realist 2.0 Assessor Map 2424 Park Ave , Chico 95928 STATUS: Active LIST CONTRACT DATE: 09/12/24 LISTING ID: SN24189967 LIST PRICE: $590,000 PROP TYPE: Commercial Sale PROP SUB TYPE: Mixed Use SELLER WILL CONSIDER CONCESSIONS IN OFFER: PARCEL #: 039430032000 1 / 44Suite 100 E Map SQFT(SRC): 3,400 SQFT LOT: 11,326 (E) ACRES: 0.260 BUSINESS NAME: BUSINESS TYPE: YEAR ESTABLISHED: YEAR BUILT: SLC: Standard LEVELS: 1 CURRENT USE: ACTUAL RENT: RENT MIN - MAX $/SF/YR: NUMBER OF UNITS: 6 ENTRY LEVEL: 1 BUILDING STATUS: Existing OCCUPANCY: BUILDING $/PER SQFT: $173.53 LAND $/PER SQFT: DAYS ON MARKET: 20 COUNTY: Butte PARCEL MASTER: INVEST?: Yes A/C?:Yes FENCE?: Yes HEAT?:Yes DESCRIPTION For Sale: Unique Park Avenue Property with Three Distinct Buildings Location: Park Avenue Property Overview: Front Building: Size: 1,220 SF Features: Prime Park Avenue frontage with excellent visibility. Includes retail space in the front window, two open rooms, and a small restroom at the rear. Can also be used as a restaurant or office space. Middle Building: Size: 1,550 SF Type: Metal and block warehouse Features: Equipped with fenced yard access and a restroom. Ideal for storage or business, warehouse, manufacturing convert it into a 2 or 3-bedroom apartment. Rear Building: Size: 630 SF Type: single-family resident Features: One bedroom, one bath, with an indoor laundry area and a large, secluded yard. Perfect for rental income or personal use, with the possibility of expanding it into a 2 or 3-bedroom home. Opportunities: Each unit has its separate utilities, including electric, gas, and sewer, water is shared Mixed-Use Potential: Utilize the front building for your business while generating rental income from the rear single-family home. On-Site Living: Live on the property and run your business from the front building, with the added convenience of the rear single-family home for personal use. Owner financing is available with 25% down, 9% interest rate for 10 years. This unique property offers versatility and value, making it an excellent investment opportunity. Don't miss out—schedule a viewing today! the middle warehouse is being rented to the front tenant for a low price to keep it occupied during the sale.

FOR SALE DETAILS

PRICE

$590,000 USD

PRICE/SF

$174 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Service

ADD'L SUBTYPES

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1963

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.28

LAND SF

12,197

ZONING

M2

APN/PARCEL ID

039-430-031-000

ASK ABOUT THIS PROPERTY

Robert JeffriesREMAX GOLDMore Info
530-230-4937

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Robert JeffriesREMAX GOLDMore Info
530-230-4937

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