Sold: Jun 30, 2021
Address
1750 Humboldt Road Chico, CA
Price
$ 3,975,000
Property Attributes
  • MLS#SN21093427
  • TypeCommercial
  • CountyBUTTE
  • CityChico
  • Zip95928
  • Style
  • Price$ 3,975,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage20545
  • Lot Size2.53 Acres
Listing Provided Courtesy Of:
Michael Donnelly with Coldwell Banker C&C Properties.
Data Source:
California Regional MLS (CRMLS) - 25 - CA
Property Description

Once in a generation investment opportunity. For the first time ever, The Hignell Companies flagship corporate headquarters is being offered for sale as a safe and secure long term income property. The Hignell Companies themselves are NOT FOR SALE, and will remain as the highest caliber tenant, continuing the Hignell legacy of providing property management and development services that helped build the City of Chico over more than seven decades. With a long-term lease in place, this is without a doubt, one of the finest commercial income properties to come on the market. The offering consists of two Class A office buildings totaling approximately 13,665 sq. ft. and a 6,880 sq. ft. shop building (with about 840 sq. ft of additional office), positioned in a park like campus setting at one of Chico’s most central and desirable locations. Total of 20,545 6% Cap Rate. Please do not disturb Tenant. Tour of the premises will only be available upon receipt of an offer to purchase from a qualified investor.

Price History
5/3/2021 Listed $3,975,000

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 Commercial Average in 95928

Price
AVG $420K
$3.98M

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