505 Wall Street Chico, CA 95928

$2,695,000 Pending

About the Property

Downtown location, well maintained office complex situated between 5th and 6th Streets. Great investment. Competitively priced at a 6.8% Cap rate. Based on actual rents and expenses. The individual office suites are month to month rentals, with the exception of Boys & Girls club suite 535 is a lease with 2.5% annual increases. There are 4 individual suites. Ample onsite and off site parking. Easy access and plenty of exposure.

Property Information

Size 15,909 SqFt
Price/SqFt $169
Year Built 1978
Property Type Office
Listing Number SN20029842
Listed 2/10/2020
Modified 6/23/2020
Listing Agent Ken Winslow
Listing Office Keller Williams Realty Chico Area

Property Features

# of Units Total
  • 4
Cap Rate
  • 6.80
Total Expenses
  • 57831.00
Water Source
  • Public