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    631 East Ave Chico, CA 95926
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    Property profile & analytics

    631 East Ave Chico, CA 95926


    • Office Spaces
    • 1,728 SF
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Reiner, Slaughter & Frankel, LLP / Law Firm

    Property Details for 631 East Ave

    Year built
    1999
    Property size
    1,728 SF
    Property type
    Office Spaces
    Property subtype
    Medical Office Space

    Description

    This 1728-square-foot Class B office condominium building, built in 1999, is located at 631 W East Avenue in Chico, CA (APN 042700045000). Situated on a 1,307-square-foot lot, this single-story building offers a fantastic opportunity for owner-users or investors. Currently vacant, the property features a shared entryway, a private waiting room, a reception area, four offices, a conference room (or two additional offices/exam rooms), two private restrooms, and a lab or office workspace. Its adaptable layout makes it suitable for various uses, including medical or traditional office settings. The building benefits from its location in a well-maintained planned office association (POA) plaza, surrounded by medical facilities and numerous residential units. Its proximity to Enloe Hospital's planned expansion and the Highway 99/East Avenue and Esplanade intersection provides excellent visibility and accessibility. Ample shared parking is available, and the corner location at a signalized intersection on a major Chico thoroughfare ensures convenient access to most areas within a 15-minute radius. The asking price is $399,000, translating to $230.90 per square foot. This property presents a rare opportunity to acquire a well-positioned, versatile office space in a thriving Chico neighborhood.


    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
    -121.872
    Latitude
    39.7502
    More about this property
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