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 530-895-1545

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

November 16, 2022

Listed

May 25, 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 5/25/2024. 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 5/25/2024 at 2:05 AM UTC

 

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