Property summary
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
VerifiedCap rate & NOI
Current use
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Physician
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Medical Clinic
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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