$2,150,000
$2,475,000
13.1%For more information regarding the value of a property, please contact us for a free consultation.
0.85 Acres Lot
SOLD DATE : 07/05/2024
Key Details
Sold Price $2,150,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SN23098661
Sold Date 07/05/24
HOA Y/N No
Year Built 1996
Lot Size 0.850 Acres
Property Description
Located in the heart of the Cohasset Medical District and fronting onto Cohasset Road, this multi-tenant building has a great mix of restaurant/taphouse, medical and office users. Flanked by some of the largest medical operators in the region including Enloe Medical Center, this four-tenant building has a very solid rental history, with the US Department of Veterans Affairs occupying since 2012 and all tenants having multi-year terms remaining. Contributing to the low historical vacancy rate, 250 Cohasset Road has a large parking area, great street frontage, solid co-tenancy within the Cohasset Village Complex (including Chico Sports Club, Reeve Woods Eye Center, Paradise Medical Group, Valley Clinical Labs and many others), and ease of access from Highway 99, Mangrove Avenue and Esplanade. Other adjacent users include Enloe Regional Cancer Center, Ampla Health, Chico Pediatrics, Vitalant, Enloe Prompt Care, Northstate Cardiology and many others.
Location
State CA
County Butte
Interior
Heating Central
Cooling Central Air
Fireplace No
Laundry None
Building
Lot Description Near Public Transit
Story 1
Water Public
Others
Tax ID 006250026000
Financing Cash
Special Listing Condition Standard
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