572 Rio Lindo Avenue

Chico, CA 95926

$2,275,000

List Price

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bed Beds

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shower Baths

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straighten / sqft

1972

calendar_month Built

Property Description

Well kept office building with multiple units in the heart of the centrally located Rio Lindo Avenue commercial area. Beautiful lobby and sunlit entry way with very clean, professional common areas. Includes digital business directory and elevator. Good professional tenant mix with about half of the units occupied. Office suites are metered separately for maximum tenant flexibility. Currently there are nine tenants and five available suites, and the floor plan could allow up to 18 units. Buyer to verify. Great opportunity for an owner user or an investor poised to add upside value. The neighboring office building next door at 578 Rio Lindo Ave. is also For Sale. Please do not disturb tenants

Listing Information

List Price $2,275,000
Status Active
MLS SN24037657
Type Commercial
Subtype Office
Year Built 1972
Lot Size 29,185
Structure Size N/A
DOM 172
Courtesy Of Coldwell Banker C&C Properties
Listing Agent Michael Donnelly DRE#01429436
Co-Listing Agent Brian Littrell DRE#01350075

Interior Features

Laundry Information
Location(s) None
Total Bedroom
Bedrooms N/A
Total Bathroom
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Exterior Information

Maps

Listing information courtesy of: Michael Donnelly, Brian Littrell, Coldwell Banker C&C Properties . *Based on information from the Association of REALTORS/Multiple Listing as of Feb 23rd, 2024 at 8:29 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.