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110 Independence, Chico, CA 95973

$995,000
  • 110 Independence, Chico, CA 95973 Main Photo

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Active
MLS#SN26075929
STATUSActive PROPERTY TYPECommercial - Office

Listing Courtesy of: Harris Commercial Real Estate
Agency Phone: 530-419-1600
Associate Name: Calen Chapman
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Listing Shown by: Farrell Smyth, Inc.
Agency Phone: 805-543-2172


Property Description

Fully remodeled and 100% leased. Great location in the established Philadelphia Square professional complex. Two strong and established businesses - GCI Insurance Brokers and Butte Home Health with new 3 and 5 year leases in place. Recent improvements include all new flooring, interior and exterior paint and updated lighting throughout. Ideally situated with direct Highway 99 access and ample on-site parking. Below market rents provide significant upside potential. Current gross income of $84,240/year with annual increases, providing a strong cap rate for a new investor.

110 Independence | MLS# SN26075929

This commercial property located at 110 Independence, Chico, CA 95973 is currently listed for sale with an asking price of $995,000. Search Chico real estate on www.farrellsmyth.com today.

Property Features

Property Type: Commercial - Office
Heating: Central
Lot Size: 0.54 Acres
Stories: 2.0
Year Built: 1992

Feature Descriptions

Days on Site: 9
Laundry: None
Lot: 0-1 Unit/Acre
Parcel#: 006210082000
Water: Public

Listed By / Shown By

Listed By

Agency Name: Harris Commercial Real Estate
Agency Phone: 530-419-1600
Agent Name: Calen Chapman

Shown By

Agency Title: Farrell Smyth, Inc.
Agency Phone: 805-543-2172

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