500 W East Ave - Office FOR SALE


Chico, CA 95926
$1,845,000 USD
530-828-9289
500 W East Ave, Chico, CA for Sale
$1,845,000 USD
Office - FOR SALE
1/58
null | Request Cap Rate

500 W East Ave
Chico, CA 95926


HIGHLIGHTS

  • Very prominent office building
  • Flexible layout and design
  • Fully owned solar panel system
  • Close to main traffic arteries and Hwys 99 + 32
  • Close to retail and restaurants
  • Flex space design with upscale office and attached warehouse

OVERVIEW

One of the most prominent office/flex-space buildings in Chico, CA, 500 W. East Avenue, is now vacant and available for sale. This well-known stately building offers a sweeping two-story glass exterior with a recently remodeled interior. Located on one of the main thoroughfares in Chico, this building has great access to both Highways 99 and 32, and is situated in an area dominated by medical and professional office users including Enloe Medical Center which has plans for a 120,000 square foot expansion four parcels east. The building contains approximately 4,150 square feet of two-story office space consisting of waiting and reception areas, multiple standard and executive offices, conference room, break room, open workspace, storage, copy room, and back office areas. Also included is the approximately 3,000 square foot attached conditioned warehouse space with rollup door, dedicated AC units, gas heater, office space, storage rooms, mezzanine space and sinks. Additional facilities include a second floor patio off of the conference room, private garage with automatic garage door, and an 88-panel fully owned roof-mounted solar panel system. This building would be suitable for a user requiring a flex-space operation with ability to potentially expand the office area in the future. The building is well parked with 28 spaces and the property has been very well maintained.

FOR SALE DETAILS

PRICE

$1,845,000 USD

PRICE/SF

$239 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Medical, Telecom Hotel/Data Hosting, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

28

LAND DETAILS

LAND ACRES

0.62 AC

LAND SF

27,007 SF

ZONING

OR

APN/PARCEL ID

042-450-089-000

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.