460 Rio Lindo Avenue

Chico, CA 95926

$1,950,000

Sold Price
N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten $129 / sqft

1976

calendar_month Built

Property Description

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.

Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A
Interior Information
Cooling Type Central Air

Listing Information

Address 460 Rio Lindo Avenue
City Chico
State CA
Zip 95926
County Butte
Listing Agent Brian Littrell DRE#01350075
Courtesy Of Coldwell Banker C&C Properties
MLS SN21143166
Close Price $1,950,000
Close Date Monday, July 24th, 2023
Status Closed
Type Commercial
Subtype Office
Structure Size N/A
Lot Size N/A
Year Built 1976
DOM 581

Exterior Information

Maps

Listing information courtesy of: Brian Littrell, Coldwell Banker C&C Properties . *Based on information from the Association of REALTORS/Multiple Listing as of Jul 25th, 2023 at 2:37 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.