Tanya Irish

Designer, Builder, Residential Realtor

60 Declaration Drive, Chico, CA 95973 | Listings

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60 Declaration Drive, Chico, CA 95973

  • $895,000
  • 6,404 sq ft
  • Year Built: 1989
  • Commercial
  • Listing #SN24076812

Property Description

Welcome to the Vernon House at 60 Declaration Drive, a distinguished two-story office building nestled in the vibrant community of Philadelphia Square. This remarkable property, constructed in 1989, offers a total of four fully occupied units. This property is an excellent fit for investors seeking a sound income-generating asset that radiates professionalism and functionality. Located in a planned development area, the property benefits from its strategic positioning close to main thoroughfares, offering easy access for commuting and business operations. With a proforma Capitalization Rate of 6.53%, and an actual of 4.38%, this building could be an appealing investment opportunity, with a stable return. Invest in your own piece of Philadelphia Square!

Listing Details

Price$895,000
Year Built1989
Property TypeCommercial
Listing #SN24076812
StatusActive
CountyButte
Listing TypeFor Sale
Property Taxes (Annual)$7,358.42

Interior Features

Square Feet6,404
Heating and CoolingCentral, Central Air
LaundryNone

Exterior Features

ExteriorStucco, Wood Siding

Courtesy of Austin Barron (License #02082721), Century 21 Select Real Estate, Inc.

Based on information from CARETS as of 5/3/2024 5:33 PM. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX provided by NextHome, Inc.
This content last updated on 5/3/2024 5:33 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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Community Information for Chico, CA 95973

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