575 East Avenue, Chico, CA 95926 | Listings

575 East Avenue, Chico, CA 95926

  • $339,900
  • Year Built: 1954
  • Commercial
  • Listing #SN24192787

Property Description

*PRICE REDUCTION* Presenting 575 East Avenue, a prime 4-unit retail building located on a prominent corner at the intersection of East Avenue and El Paso Way. This property boasts excellent visibility and high-traffic exposure, making it an ideal investment opportunity for those looking to establish a presence in a bustling commercial area. This key location attracts a diverse customer base and offers tenants access to a steady stream of potential customers from its high visibility location, the adjacent walkable neighborhood, and even public transit stops located across El Paso Way. Recently remodeled and currently undergoing interior improvements, this building offers a blend of modern updates and strong potential for income growth. Two of the four units are currently occupied at recently increased rents, providing immediate cash flow. The remaining two units are vacant and actively listed at market rents, offering an opportunity to further increase the property's income potential.

Listing Details

Price$339,900
Year Built1954
Property TypeCommercial
Listing #SN24192787
StatusActive
CountyButte
Listing TypeFor Sale
Property Taxes (Annual)$2,869.58

Interior Features

Heating and CoolingFireplace(s), Wall Furnace, Wall/Window Unit(s)
LaundryNone

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

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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.
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This content last updated on 12/22/2024 10:54 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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