300-308 Salem St - Office FOR SALE


Chico, CA 95928
$1,699,000 USD
530-828-9289
300-308 Salem St, Chico, CA for Sale
$1,699,000 USD
Office - FOR SALE
1/24
null | Request Cap Rate

300-308 Salem St
Chico, CA 95928


HIGHLIGHTS

  • LOCATED DIRECTLY IN DOWNTOWN CHICO
  • RECENTLY REMODELED
  • PRIVATE OFF-STREET PARKING

OVERVIEW

Upscale office building in Downtown Chico with a recent full remodel and off-street parking available for sale. This versatile building is located on the hard corner of 3rd and Salem Streets and is just steps from all of what Downtown Chico has to offer. This single-story building is currently configured with 11 private offices, open workstations for 12+ people, huge conference/event room, staff lounge, four private restrooms, built-in reception and waiting area, tons of storage on main floor and attic (accessed by stairs), and private parking area. The building is constructed with an engineered glass system in the front to allow for abundant natural light throughout along with the many windows into the offices. The property is currently used as one 5,804 SF unit but was designed to be easily split into two separate units of approximately 2,100 SF & 3,700 SF, each with their own separate utility meters, bathrooms, and entrances fronting Salem Street. Upscale office building in Downtown Chico with a recent full remodel and off-street parking available for sale. This versatile building is located on the hard corner of 3rd and Salem Streets and is just steps from all of what Downtown Chico has to offer. This single-story building is currently configured with 11 private offices, open workstations for 12+ people, huge conference/event room, staff lounge, four private restrooms, built-in reception and waiting area, tons of storage on main floor and attic (accessed by stairs), and private parking area. The building is constructed with an engineered glass system in the front to allow for abundant natural light throughout along with the many windows into the offices. The property is currently used as one 5,804 SF unit but was designed to be easily split into two separate units of approximately 2,100 SF & 3,700 SF, each with their own separate utility meters, bathrooms, and entrances fronting Salem Street. Currently owner-occupied, the building could be available to a buyer within 60 days and could be suitable for either an investor or an owner/user that desires to occupy all or part of the building.

FOR SALE DETAILS

PRICE

$1,699,000 USD

PRICE/SF

$293 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1958

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,840 SF

ZONING

OC

APN/PARCEL ID

004-131-003-000

ASK ABOUT THIS PROPERTY

Brandon HarrisHarris Commercial Real Estate ServicesMore Info
530-828-9289

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Brandon HarrisHarris Commercial Real Estate ServicesMore Info
530-828-9289

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