Property profile

240 St Unit 220 Chico, CA 95928

OFF-MARKET
Office Spaces
2,065 SF 0.15 ac lot
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Property summary

AI-generated overview

This exceptional 2,065 square foot office suite is located in the prestigious Grandview Building, a prominent landmark in downtown Chico, California. Situated at 240 Street, Unit 220, this recently remodeled space offers stunning views overlooking the bustling intersection of 3rd and Main Streets. The suite boasts a thoughtfully designed layout, including two private offices, perfect for individual work or executive use. A private restroom ensures convenience and privacy, while a well-appointed kitchenette/breakroom provides a comfortable space for staff and clients. A large open work area offers flexibility for various team configurations and collaborative projects. The Grandview Building itself provides a range of desirable amenities, enhancing the overall work experience. These include secure building access, ensuring the safety and security of tenants and their belongings. A convenient elevator and two stairwells provide easy access to all floors. The building's architectural design features high ceilings and large windows, creating a bright and airy atmosphere, maximizing natural light and offering pleasant views of the city. Many upgraded finishes throughout the building contribute to a modern and sophisticated aesthetic. The 0.15-acre lot provides ample space for the building and its tenants. This exceptional office suite presents a unique opportunity to establish a thriving business in a highly desirable location within the heart of Chico's vibrant downtown area. The asking price is $3250.

Property profile

Verified
Property type Office Spaces
Total area 2,065 SF
Lot 0.15 ac (6,534 SF)

Cap rate & NOI

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

Location

240 St Unit 220 Chico, CA 95928
Chico metro
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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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