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Functional Office Space Available
For Lease
$1,764/Mo

48 Hanover Ln 1, Chico, CA 95973

1534 sq ft office with reception and private offices.

Lot Size0.22 Acres
Days on Market248

Property Features for 48 Hanover Ln 1

General Information

Standard status Active
Lot size 0.22 Acres
Property subtype Commercial

Building Details

Year Built 1997
Listing Agency: Century 21 Select Real Estate, Inc.
Listed By: Kimberly Shaffer · License #01415693
Source: Elliman
Added: Nov 27, 2025 Changed: Jul 6 Last Checked: Aug 1 at 12:27PM

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 Century 21 Select Real Estate, Inc.

Investment Insights

Based on property information with market context.

This office space, encompassing approximately 1534 square feet, features a large waiting room and a built-in reception desk equipped with ample storage for files. The layout includes four private offices, a conference room, and a breakroom with a sink. A private restroom is available, along with three additional storage areas. The property also provides a common area restroom for clients. Ample parking is available within the complex. Situated just off Esplanade, the location is a few blocks from the intersection of East Avenue and Esplanade.

Key Highlights

  • Convenient location near Esplanade and East Ave, easily accessible for clients.
  • Spacious 1534 +/- Sq ft office layout.
  • Includes four private offices and a conference room.

Property Analytics

Current Use

Lashes by Alexandra Hair Salon Dr. Susan Tobin Physician Pearson Sally Alternative Medicine Practice ShaferTech IT Consulting Firm Ataide Sherrie Business Management Consultant

Suggested Use

Top Pick HVAC Service Bakery Grocery & Convenience Store (Bike/Boat/Book/etc) Store Food Market Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,036
Businesses Nearby

Demographics for 95973, CA

39,609
Population
15,836
Households
2.5
Avg Household Size
39
Median Age
41%
College-Educated
94%
High-School Grad
300.1 sq mi
ZIP Area
132
Density / Sq Mi
$92,228
Median Household Income
$45,897
Median Earnings
$1,546
Median Rent
$484,600
Median Home Value

Market

Lease Benchmarks for Chico, CA

$11.34 /SF/Yr
Avg Asking Price
$1.21–$16.8 /SF/Yr
Price Range
4,516 SF
Avg Space Size

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Office units - 1534 sq ft office with reception and private offices.
Where is this office units located?
The property is located at 48 Hanover Ln 1 Chico, CA.
What is the lease rate?
The lease rate is $1,764 /Mo.
What are key features of this property?
This property features: Convenient location near Esplanade and East Ave, easily accessible for clients.; Spacious 1534 +/- Sq ft office layout.; Includes four private offices and a conference room.
More about this property
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