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    OFF-MARKET
    Office Spaces

    647 East Ave, Chico, CA 95926

    1,748 SF 0.04 ac lot Built 1999
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • F. David Collins MD Physician
    • Norcal Ketamine Infusion Centers Medical Clinic
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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