Address
2477 Forest Avenue Chico, CA
Price
$ 12,500,000
Property Attributes
  • MLS#SN21170830
  • TypeCommercial
  • CountyBUTTE
  • CityChico
  • Zip95928
  • StyleRetail
  • Price$ 12,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage19955
  • Lot Size4.96 Acres
Listing Provided Courtesy Of:
Candace Andel with Century 21 Select Real Estate, Inc. - 330-760-4754
Data Source:
California Regional MLS (CRMLS) - 25 - CA
Property Description

Bulk sale on the hard corner of Forest Avenue and Notre Dame comprised of six separate parcels. 2477 Forest Avenue is a fully leased 5-unit, 13,780 square foot strip center with a healthy Tenant mix of retail, office, and a restaurant. 2499 Forest Avenue is a fully leased stand alone 6,175 square foot building on the hard corner of Forest and Notre Dame. The four other parcels details are as followed: Vacant land - 002-190-024-000 - 1.76 acres, Vacant land - 002-260-014-000 - 0.51 of an acre, Vacant land - 002-260-015-000 - 0.51 of an acre, Vacant land - 002-260-016-000 - 0.51 of an acre - overflow parking. Heavy traffic counts of 11,500 - 13,500 cars monthly and 400 feet from one of the busiest intersections in Chico at 31,300 monthly cars. All parcels are zoned Community Commercial. Community commercial allows for mixed use developments with residential above the ground floor up to a maximum of 22 units per acre. Within a 0.5 mile from HWY 99, Home Depot, Lowe's, Raley's, Starbucks, McDonald's, Les Schwab, Ross, T.J. Maxx, Burger King, Dollar Tree, Wittmeier, America's Tire, Butte Community College, and the list could go on! Please do not disturb the Tenants.

Price History
8/5/2021 Listed $12,500,000

General Features

Additional Parcels Description 002-210-039, 002-260-016, 002-260-014, 002-260-015, 002-190-024
Additional Parcels Y/N Yes
Co-Listing Agent State License # 01014400
Co-listing Agent Frank Ross - BRE#01014400
Listing Agent Candace Andel - BRE#02040053
Listing Agent State License 02040053
Lot Size Square Feet 216057
Property Sub Type Additional Retail
Property SubType Retail
Property Type Commercial Sale
Special Listing Conditions Standard
Status Active
Terms Conventional
Utilities Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Interior Features

Laundry Features None

Exterior Features

Lot Features 2-5 Units/Acre, Corner Lot, Landscaped
Lot Size Acres 4.96
Lot Size Area 216057
Lot Size Source Assessor
Lot Size Units Square Feet
Water Source Public

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 $580K
$12.5M
Visits
AVG 35
61
Year Built
AVG 1962
2008
Walkscore
AVG 64
63
Data Provided by Walkscore ® not using MLS data

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