For Sale
$960,000

578 Rio Lindo AveChico, CA 95926

Five-unit office building, great investment.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional commercial property, located at 578 Rio Lindo Avenue in Chico, California, 95926, presents a compelling investment opportunity. The building, classified as industrial, warehouse, manufacturing, and commercial, is strategically situated in the heart of Chico's bustling Rio Lindo Avenue commercial district. The property consists of five office units, four of which are currently leased, providing immediate cash flow. One unit is currently vacant, offering potential for increased rental income or owner-occupancy. This presents a unique opportunity for both investors seeking a stable return and owner-users looking to establish a presence in a high-traffic area. The asking price for this property is $960,000. The neighboring property at 572 Rio Lindo Avenue is also available for purchase. This prime location offers excellent visibility and accessibility, making it an ideal choice for a variety of businesses. Please note that tenants should not be disturbed. This property is categorized as industrial land and offers significant upside potential for the astute investor.

Highlights

  • $960,000 asking price.
  • Industrial property with land in Chico, CA.
  • Warehouse, manufacturing, and commercial uses.
  • Located at 578 Rio Lindo Avenue, Chico, CA 95926.
  • Five-unit office building; four units leased, one vacant.
  • Suitable for owner-users or investors.

Property Details for 578 Rio Lindo Ave

Property type
Warehouses, Land

Location Insight

City
Chico
County
Butte
State
California
Latitude
39.7549906
Longitude
-121.8480721
578 Rio Lindo Ave, Chico, California

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578 Rio Lindo Ave
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