1395 Ridgewood Dr Chico, CA 95973

This exceptional Chico, CA investment opportunity presents a Class A, multi-tenant industrial property located at 1395 Ridgewood Drive, 95973. Currently housing the Cal Northern School of Law, the United States Internal Revenue Service, and a law firm, this property offers significant lease income. The 4,995,000 asking price reflects the strong tenant base and potential for further income generation. The existing building boasts a beautiful entrance, spacious hallways, large high-tech classrooms, and an elegant design, including a large covered outdoor meeting space. All office units are well-appointed and occupied by established, reliable tenants. The property is situated in a desirable commercial area, surrounded by other well-maintained properties and businesses, ensuring a safe and secure investment. The property's design allows for the addition of two more tenants, presenting a clear path to increased rental income and a strong return on investment. This is a rare opportunity to acquire a high-quality, income-producing asset in a prime Northern California location. The property is zoned for industrial, warehouse, and commercial use. Detailed financial information is available upon request.