1203 Mangrove Avenue Chico, CA 95926

$1,200,000 Active

About the Property

Beautiful commercial property on one of the main corridors of Chico. This building has been taken care of and is in Class A condition. There are 3 long time tenants: Vivant Solar occupies 1771 SF, Epperson Dojo occupies 1877 SF and Butte Counseling occupies 2952 SF. Rents are low as they have all been long term tenants. Average rent is $0.96 psf. Expenses are currently 13,903 annually. Contact agent for CAP sheet. New acrylic roof with warranty. Cal Water but on Septic. Please make appointment to see with agent only. ***ADDRESS SIGN ON BUILDING AS 1215 MANGROVE BUT IT IS ACTUALLY 1203 MANGROVE APN 003-451-021*********

Property Information

Size 6,599 SqFt
Price/SqFt $182
Year Built 1978
Property Type Mixed Use
Zoning CP
Listing Number SN20189971
Listed 9/4/2020
Modified 9/22/2020
Listing Agent Kathryn Egan
Listing Office Egan Commercial & Industrial R

Property Features

# of Buildings
  • 1
# of Units Leased
  • 3
Heating
  • Central
Water Source
  • Public
Land Use
  • Office
  • Retail
Utilities
  • Electricity Connected
  • Phone Connected
  • Sewer Not Available
  • Water Connected