For Sale
$2,275,000

572 Rio Lindo AveChico, CA 95926

Prime Chico warehouse, manufacturing, & commercial space.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional industrial property, located at 572 Rio Lindo Avenue in Chico, California, 95926, presents a compelling investment opportunity. Priced at $2,275,000, this property offers a versatile blend of warehouse, manufacturing, and commercial space. While currently configured as an office building with a mix of occupied and vacant suites, the adaptable floor plan allows for significant expansion. The building boasts a well-maintained aesthetic, highlighted by a beautiful lobby, sunlit entryway, and clean common areas. Modern amenities include a digital business directory and an elevator. The property features individually metered office suites, providing maximum flexibility for tenants. Currently, nine tenants occupy the building, with five suites available for immediate lease or owner-occupancy. The potential exists to increase the number of units to eighteen, subject to verification by the buyer. This property is ideally suited for an owner-user seeking to establish a presence in Chico's thriving commercial corridor or for an investor looking to capitalize on the potential for increased occupancy and value appreciation. The property's central location on Rio Lindo Avenue provides excellent visibility and accessibility. Note that the neighboring building at 578 Rio Lindo Avenue is also available for purchase. Please refrain from disturbing the current tenants.

Highlights

  • Exceptional Chico, CA industrial property at 572 Rio Lindo Ave, priced at $2,275,000.
  • Versatile warehouse, manufacturing, and commercial space; adaptable floor plan allows for expansion.
  • Well-maintained building with modern amenities including elevator and digital directory; individually metered office suites.
  • Nine tenants currently occupy, with five suites available for lease or owner-occupancy; potential to increase unit count to eighteen.
  • Excellent visibility and accessibility on Rio Lindo Avenue; neighboring building also available for purchase.

Property Details for 572 Rio Lindo Ave

Property type
Warehouses, Land

Location Insight

City
Chico
County
Butte
State
California
Latitude
39.7552663
Longitude
-121.8484353
572 Rio Lindo Ave, Chico, California

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572 Rio Lindo Ave
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