Views
Address
353 E 2nd Street Chico, CA
Price
$ 945,000
Property Attributes
  • MLS#SN20237478
  • TypePending
  • CountyBUTTE
  • CityChico
  • Zip95928
  • StyleOffice
  • Price$ 945,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage6812
  • Lot Size8,276 SqFt
Listing Provided Courtesy Of:
Elisa Logan with Century 21 Select Real Estate, Inc..
Data Source:
California Regional MLS (CRMLS) - 25 - CA
Property Description

Welcome to the beautiful, downtown Chico- the City of Trees. Up for sale for the first time in over 20 years is the iconic Chico News and Review building. This two story building consists of several offices- most with lovely views of downtown Chico through the upgraded windows, conference rooms, 4 total bathrooms, large open areas, plenty of storage, and a basement. Fiber optic internet available & security alarm installed. The property's water source is a well that has tested free from contaminants in the near past with Cal Water hook ups available in the street. The property includes a private parking lot and plenty of on street parking options including a large public parking lot across the street on Flume which is host to the bustling Saturday morning Farmer's Market which brings lots of great foot traffic. Your daily exposure for your signage is enhanced with the new round about the city put in to accommodate the heavy traffic flow. The building had previously served as a mixed- commercial/ residential property with multi residential units on the top floor prior to being converted to fully commercial. Lots of options available for the potential buyers. The building is partially tenant occupied but can offer an owner occupant buyer the option to purchase and occupy all or part of the space. For the investor-buyer, the pro-forma CAP rate for this building is approximately 8%. Give us a call for more information, to request the floor plans, or to schedule a showing.

Price History
11/23/2020 Listed $999,999
6/25/2021 6% - $945,000

General Features

Co-Listing Agent State License # 02040053
Co-listing Agent Candace Andel - BRE#02040053
Community Features Park
Cooling Central Air
Heating Central
Listing Agent Elisa Logan - BRE#02022183
Listing Agent State License 02022183
Property Sub Type Additional Office
Property SubType Office
Property Type Commercial Sale
Security Features Prewired, Security System
Special Listing Conditions Standard, Trust
Status Pending
Terms Submit
Utilities Cable Connected, Electricity Connected, Phone Available, Sewer Connected

Interior Features

Air Conditioning Y/N Yes
Heating Y/N Yes
Laundry Features None

Exterior Features

Lot Features Corner Lot, Near Park, Near Public Transit, Walkstreet
Lot Size Acres 0.19
Lot Size Area 8276
Lot Size Source Assessor
Lot Size Square Feet 8276
Lot Size Units Square Feet
Water Source Well

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 95928

Price
AVG $880K
$950K
Visits
AVG 48
155
Walkscore
AVG 30
86
Data Provided by Walkscore ® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.