575 East Avenue, Chico, CA 95926

  • $333,333
575 East Avenue, Chico, CA 95926
Active
575 East Avenue, Chico, CA 95926
575 East Avenue, Chico, CA 95926
  • $333,333

Description

This building generates nearly $40,0000 a year in annual rents with opportunity for more upside! Excellent investment opportunity! Very hard to find a cash cow updated commercial building on highly visible East Avenue in Chico at this price point. All six units are fully rented with one to two year leases. Property has six PG&E meters. The size and price point of these units are very desirable and have rented easily. All tenants have expressed desire to stay! Three of the units have been remodeled in the last couple months with modern flooring and new paint! This property comes with two jack and jill bathrooms and one unit that has a full bath. The exterior of the building has also been given a face lift with striking black and white paint. Commercial properties like this one at this price point do not become available often!

  • Address 575 East Avenue
  • City Chico
  • State/county CA
  • Zip/Postal Code 95926
  • Country US

Details

Updated on April 19, 2025 at 5:34 am
  • Property ID: SN25083958
  • Price: $333,333
  • Property Size: 2590 Square Feet
  • Land Area: 0.21 Acres
  • Garage Size: x x
  • Year Built: 1954
  • Property Type: Mixed Use, Commercial Sale
  • Property Status: Active

Contact Information

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  • Hoyt Hochman