476 B StBiggs, CA 95917

Property Details for 476 B St

Year built

1979

Construction

WOOD

Lot size

0.10 AC

Property size (Sq ft)

1,512 SF

Zone code

C1

Property type

Office properties

Property subtype

Office buildings

APN

001-061-005-000

APU

1061005000

Description

This meticulously maintained 1,512 square-foot commercial building presents a fantastic opportunity in Biggs, CA. Located on a prime corner lot on Main Street, this property offers exceptional visibility and accessibility. The well-organized interior features a welcoming reception area, a spacious open office area, and several private offices, providing ample space for a variety of business uses. The building has been impeccably maintained, minimizing upfront costs for the new owner. Convenient access is provided via front, side, and rear entrances, enhancing operational efficiency. A recently sealed back parking lot ensures ample parking for clients and staff, while the rear access door simplifies deliveries and employee access. The 0.1-acre lot provides additional space and potential for future expansion. This turnkey property is ideal for entrepreneurs seeking a ready-to-occupy space or investors looking for a strong addition to their portfolio. The property's location in the charming town of Biggs offers a unique blend of small-town charm and commercial potential. This is a rare opportunity to acquire a well-maintained, strategically located commercial building in a thriving community.

• CAP approach

  CAP return

  Valuation

  6%

  $272,496

  6.5%

  $251,535

  7%

  $233,568

• Comparable approach

  Method

  Valuation

  Relative Method

  $215,883

  Geo Method

  $215,883

• Alternative Use

  Use

  Valuation

  Residential

  $311,903

  Hospitality

  $285,701

  Educational

  $237,700

  Medical

  $245,875

  Retail

  $369,756

Location Insight

City

Biggs

County

Butte

State

California

Latitude

39.4134

Longitude

-121.711

CBSA code

17020

CBSA name

CHICO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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