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Multi-Tenant Office Building For Sale
For Sale
$650,000

60 Declaration Dr, Chico, CA 95973

Fully occupied office building in Philadelphia Square, North Chico.

Days on Market99

Property Features for 60 Declaration Dr

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 1989
Listing Agency: CAPITAL RIVERS COMMERCIAL INC
Listed By: Kelsey Watt · License #01926238
Source: Elliman
Added: Apr 24 Changed: Jul 10 Last Checked: Jul 30 at 1:16PM

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 COMMERCIAL INC

Investment Insights

Based on property information with market context.

This is a fully occupied multi-tenant office building located in the Philadelphia Square office park in North Chico. The two-story property features four suites with a mix of professional tenants, offering stable income. There is potential for an owner-user to occupy one suite while benefiting from income from the remaining tenants. The building showcases an attractive Mount Vernon-style design and a functional layout well suited for multi-tenant use. Philadelphia Square is a well-established professional complex with a strong tenant mix and ample on-site parking.

Key Highlights

  • Fully occupied multi‑tenant office building providing stable income
  • Located in the desirable Philadelphia Square office park in North Chico
  • Potential for owner‑user to occupy one suite while benefiting from rental income

Property Analytics

Current Use

Butte Credit Accounting Firm Agra Marketing Group Advertising Agency Worley Chiropractic Center Alternative Medicine Practice

Suggested Use

Top Pick Restaurant Big Box & Wholesale Store Building Supply Real Estate Agency Auto Repair Shop Auto Parts 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.

Location Intelligence

Trade Area within ½ mile

603
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

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 building - Fully occupied office building in Philadelphia Square, North Chico.
Where is this office building located?
The property is located at 60 Declaration Dr Chico, CA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Fully occupied multi‑tenant office building providing stable income; Located in the desirable Philadelphia Square office park in North Chico; Potential for owner‑user to occupy one suite while benefiting from rental income
More about this property
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