Corner Office Suite with
For Sale
Contact for pricing
310 Flume St, Chico, CA 95928
Updated office suite includes reception, eight private offices, a conference room, and storage in a renovated 1962 building.
Property Size4,356 SF
Price / SF$160.47
Days on Market81
Property Features for 310 Flume St
General Information
Standard status
Active
Size
4,356 SF
Property subtype
OFFICE
Building Details
Year Built
1962
Year Renovated
2022
Buildings
1
Listing Agency:
Capital Rivers
(530) 570-5107
Listed By:
Carrie Welch · License #01926238
Source:
Moodyscre
Added: May 18
Changed: Jul 29
Last Checked: Aug 5 at 1:46PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Capital Rivers
Investment Insights
Based on property information with market context.
This updated corner office suite is located in a building originally built in 1962 and renovated in 2022. The suite offers a reception area, eight private offices, a conference room, and storage, designed for a turnkey professional office setup.
The property is positioned on a corner in Chico, with public parking available across the street and convenient access to downtown amenities.
For sale as a triple-net leased investment, the building and suite configuration support both investor ownership and owner-user occupancy where available.
The property is positioned on a corner in Chico, with public parking available across the street and convenient access to downtown amenities.
For sale as a triple-net leased investment, the building and suite configuration support both investor ownership and owner-user occupancy where available.
Key Highlights
- Recently updated office suite in a building built in 1962 and renovated in 2022
- Corner location on 3rd and Flume Street in Chico, CA
- Office layout includes a reception area, eight private offices, a conference room, and storage
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $64.3k | $14.76 |
| − Vacancy | −$2.8k | −$0.65 |
| EGI | $61.5k | $14.11 |
| − OpEx | −$15.4k | −$3.53 |
| NOI | $46.1k | $10.58 |
4,356 SF · lease $14.76/SF/yr · vacancy 4.40% · expense 25.00%
Alternative Uses
Best Use
Office B
$658.6K
$576.2K – $768.3K
NOI $46,099 @ 7.0% cap · market cap 6.59%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$879.5K
$769.6K – $1.03M
NOI $61,566 @ 7.0% cap · market cap 8.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,066
Businesses Nearby
Explore this area
Business Placement
Demographics for 95928, CA
38,378
Population
17,455
Households
2.2
Avg Household Size
35
Median Age
41%
College-Educated
90%
High-School Grad
145.4 sq mi
ZIP Area
264
Density / Sq Mi
$65,350
Median Household Income
$32,615
Median Earnings
$1,419
Median Rent
$476,600
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Updated office suite includes reception, eight private offices, a conference room, and storage in a renovated 1962 building.
Where is this office units located?
The property is located at 310 Flume St Chico, CA.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Recently updated office suite in a building built in 1962 and renovated in 2022; Corner location on 3rd and Flume Street in Chico, CA; Office layout includes a reception area, eight private offices, a conference room, and storage
