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    500 East Ave Chico, CA 95926
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    Property profile & analytics

    500 East Ave Chico, CA 95926


    • Office Spaces
    • 7,726 SF
    • 0.62 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Sisco Enterprises Inc. / Professional Services

    Property Details for 500 East Ave

    Year built
    1989
    Lot size
    0.62 lot acres
    Property size
    7,726 SF
    Property type
    Office Spaces
    Property subtype
    Medical Office Space

    Description

    This prominent Chico, CA office building, located at 500 W. East Avenue, is available for sale at $1,845,000. The 7,726 square foot, Class A building boasts a striking two-story glass exterior and a recently (2020) remodeled interior. Situated on a 0.62-acre lot (APN 042-450-089) in a prime location with easy access to Highways 99 and 32, this property benefits from its proximity to medical and professional offices, including the expanding Enloe Medical Center. The building features approximately 4,150 square feet of two-story office space, including waiting and reception areas, various sized offices, a conference room, break room, open workspace, storage, and a copy room. A significant advantage is the inclusion of approximately 3,000 square feet of climate-controlled warehouse space with a roll-up door, dedicated AC units, a gas heater, office space, storage rooms, mezzanine space, and sinks. Additional amenities include a second-floor patio, a private garage with an automatic door, and a fully owned 88-panel solar system. The property offers ample parking with 28 spaces and has been meticulously maintained. The permitted zoning is Office Mixed Use (OMU), allowing for flexibility and potential future expansion. This is a fee-simple ownership opportunity ideal for an owner/user seeking a versatile flex-space operation. The building is currently vacant.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

    • Map
    • Local Demand
    City
    Chico
    County
    Butte
    State
    California
    Longitude
    -121.869
    Latitude
    39.7521
    More about this property
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