Chico, CA 95926,500 W East AVE

$1,675,000

$1,775,000

5.6%
Est.Price: ?

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Est. payment /mo

0.62 Acres Lot


SOLD DATE : 11/03/2021

Key Details

Sold Price $1,675,000

Property Type Commercial

Sub Type Office

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SN21022836

Sold Date 11/03/21

HOA Y/N No

Year Built 1989

Lot Size 0.620 Acres

Property Description

One of the most prominent office buildings in Chico is available for sale for the first time since construction. This stately building is 100% leased as the HQ of one of the largest operators of Round Table Pizza in the country. The building offers a sweeping two-story glass exterior with a recently remodeled interior. Located on one of the main thoroughfares in Chico, this building has great access to both Highways 99 and 32, and is situated in an area dominated by medical and professional office users including Enloe Medical Center and Blue Oak Charter School. The building consists of approximately 4,150 square feet of two-story front office space, 3,000 square feet of conditioned storage space as well as additional back office space on both the first and second floors. Additional facilities include a second floor patio, private enclosed garage with roll-up door, 12’ roll-up into the storage area, and a fully owned 88-panel roof-mounted solar system. The building is well parked with 28 spaces and the property has been well maintained. This building could be suitable for an owner/user requiring a flex-space operation as there are provisions in the lease allowing early termination. There may also be the ability to potentially expand the office area in the future. Call broker for further details on the existing tenancy. All information contained herein is from sources deemed reliable, we do not, however, guarantee its accuracy, Buyer to verify all information herein.

Location

State CA

County Butte

Interior

Fireplace No

Laundry None

Building

Lot Description Landscaped, Level, Near Public Transit, Street Level

Water Public

Others

Tax ID 042450089000

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Brandon Harris • Harris Commercial Real Estate
Bought with Charles Carney • Harris Commercial Real Estate
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