Sold
460 Rio Lindo Avenue
Chico CA, 95926
$1,950,000
$129.18 per sqft
Sold
15,095 sqft
Commercial
Built in 1976
Listed by Brian Littrell with Coldwell Banker C&C Properties 530-895-1545
Back on Market due to no fault of Seller. Office Investment Opportunity with solid CAP Rate, and recent 3 year Lease Extension in place. Currently occupied by PG&E, as the sole tenant, for the last 30 years +/-, the Subject Property is a well maintained, recently updated (i.e. new roof/gutters, HVAC upgrade, and extensive interior remodel. Total cost of improvements was approx. $500k, over the last 36 Months), single story office building, with ample parking, and fenced/secure yard space, for parking the PG&E work trucks/rigs overnight.
SN21143166
MLSⓇ ID
July 1, 2021
Listed
March 23, 2024
Updated
Map
460 Rio Lindo Avenue
Chico CA, 95926
Interior Features
Total Stories
1
Laundry Description
None
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
1.26 Acres
Lot Features
Landscaped, Near Public Transit, Paved, Rectangular Lot, Sprinkler System, Street Level
Roof
Composition
Other Property Details
Taxes
$23,397
Tax Frequency
Annually
Days on Market
581
Garage
No
Parking Total
70
View
No
County
Butte
Water Source
Public
Pool
No
Buyer Agency Compensation
2.5%
Listing History
Date | Event | Price |
|---|---|---|
7/26/2023 | Price Change | $2,100,000 7% |
7/26/2023 | Pending | — |
7/25/2023 | Price Change | $1,950,000 -8% |
7/25/2023 | Sold | $1,950,000 |
Listing Contact: 530-895-1545
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/23/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.
Data last updated on 3/23/2024 at 1:28 AM UTC