572 Rio Lindo Ave - Medical FOR SALE


Chico, CA 95926
$2,275,000 USD
530-828-0011
572 Rio Lindo Ave, Chico, CA for Sale
$2,275,000 USD
Medical - FOR SALE
1/11
null | Request Cap Rate

572 Rio Lindo Ave
Chico, CA 95926


HIGHLIGHTS

  • Pair of Buildings For Sale
  • Buy One or Both
  • Desirable Medical Hub Corridor
  • Highway Frontage

OVERVIEW

Well kept office building with multiple units in the heart of the centrally located Rio Lindo Avenue commercial area. Beautiful lobby and sunlit entry way with very clean, professional common areas. Includes digital business directory and elevator. Good professional tenant mix with about half of the units occupied. Office suites are metered separately for maximum tenant flexibility. Currently there are nine tenants and five available suites, and the floor plan could allow up to 18 units. Buyer to verify. Great opportunity for an owner user or an investor poised to add upside value. The neighboring office building next door at 578 Rio Lindo Ave. is also For Sale. Please do not disturb tenants.

FOR SALE DETAILS

PRICE

$2,275,000 USD

PRICE/SF

$141 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Office - Medical Building For Sale

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1972

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

1.39 AC

LAND SF

60,548 SF

ZONING

C1

APN/PARCEL ID

006-260-039-000

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.