424 Otterson DrChico, CA 95928

This exceptional 63,000-square-foot warehouse, located at 424 Otterson Drive in Chico, California, presents a compelling investment opportunity. Priced at $7,245,000 ($115/sq ft), this single-story industrial property sits on a 3.64-acre lot and boasts a versatile layout ideal for various manufacturing or distribution needs. The building features 2 loading docks and 4 dock-high doors, ensuring efficient loading and unloading operations. A 24-foot ceiling height provides ample vertical space for storage and operations. Ample parking is available with 140 spaces provided on-site. The property is zoned for light manufacturing (ML), aligning with a variety of potential uses. The location offers convenient access to both the Bay Area and Sacramento, providing strategic advantages for businesses seeking a central California location. This property represents a rare opportunity in Chico's competitive industrial real estate market, offering a functional facility in a desirable area with a strong local workforce and high quality of life. The property is available for a triple net (NNN) lease, with multiple tenancy options. The APN is 039-690-008. The property is available for lease beginning September 15, 2023.