575 East Avenue, Chico, CA 95926
-
Listed Price :
$375,000
-
Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
-
Year Built :
1954
Property Description
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.
Interior Features
| Laundry Information |
| Location(s) |
None |
| Bedroom Information |
| Bedrooms |
N/A |
| Bathroom Information |
| Bathrooms |
N/A |
| Interior Information |
| Cooling Type |
Wall/Window Unit(s) |
Listing Information
| Address |
575 East Avenue |
| City |
Chico |
| State |
CA |
| Zip |
95926 |
| County |
Butte |
| Listing Agent |
Austin Barron DRE #02082721 |
| Courtesy Of |
Century 21 Select Real Estate, Inc. |
| List Price |
$375,000 |
| Status |
Active |
| Type |
Commercial |
| Subtype |
Retail |
| Structure Size |
N/A |
| Lot Size |
9,148 |
| Year Built |
1954 |
Listing information courtesy of: Austin Barron, Century 21 Select Real Estate, Inc.. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 19th, 2024 at 6:02 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.
