Sold
Closed
460 Rio Lindo Avenue
Chico CA, 95926
$1,950,000
$129.18 per sqft
Sold
Closed
15,095 sqft
Commercial
Built in 1976
Listed by Brian Littrell with Coldwell Banker C&C Properties 530-896-3166
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
August 28, 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
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
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Data last updated on 8/28/2024 at 10:41 PM UTC