Property profile

647 East Ave Chico, CA 95926

OFF-MARKET
Office Spaces
1,748 SF 0.04 ac lot Built 1999
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Property summary

AI-generated overview

This exceptional 1,748 square foot medical office building presents a fantastic investment opportunity in Chico, California. Located at 647 W East Ave, in Butte County, zip code 95926, this single-story property sits on a 0.04-acre lot and was built in 1999. Priced at $410,000, the asking price equates to $243 per square foot. The building is situated within an established professional business park, sharing space with other medical practices and a surgery center, creating a synergistic and desirable location. The property boasts attractive, mature landscaping, providing a park-like setting. The well-maintained interior features a spacious waiting room with a built-in reception/administrative area, perfect for efficient patient flow. Four offices/exam rooms are conveniently arranged around a large open area, offering flexibility in layout and functionality. Separate employee and patient restrooms are included, ensuring privacy and convenience. This turnkey medical office is ready for immediate occupancy and presents a rare opportunity to acquire a well-located and established medical practice space. The property's APN is 042700041000.

Property profile

Verified
Property type Office Spaces
Year built 1999
Total area 1,748 SF
Lot 0.04 ac (1,742 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician
  • Medical Clinic

Location

647 East Ave Chico, CA 95926
Chico metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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