1367 Lassen Ave Chico, CA 95973
- Office buildings
- 8,261 SF
- 2.20 lot acres
Current Use by Public Records
- Thomas Smith & Co / Accountant
Property Details for 1367 Lassen Ave
- Year built
- 1991
- Construction
- WOOD
- Lot size
- 2.20 lot acres
- Property size
- 8,261 SF
- Zone code
- OR
- Property type
- Office buildings
- APN
- 015-020-004-000
- APU
- 15020004000
Description
This exceptional 16,522 square foot commercial property, situated on a 2.2-acre lot in Chico, California's prestigious Executive Park, presents a compelling investment or owner-user opportunity. The property comprises two buildings featuring a total of five office units. Its location within a well-maintained business park, surrounded by high-quality businesses, ensures a stable and desirable environment. The property is partially leased, offering immediate income potential for investors and significant upside for future growth. The address is 1367 Lassen Avenue, Chico, CA 95973. This campus-like setting provides a professional and attractive image for any business. The asking price is $2,750,000. This is an ideal location for businesses seeking a high-quality, established business park setting, offering both immediate occupancy and long-term investment potential. The property's size and layout offer flexibility for a variety of commercial uses. Its location in Butte County, California, provides access to a strong local economy and a skilled workforce. The property is classified as industrial and land, with warehouse and commercial subtypes. Consider this exceptional opportunity to acquire a prime commercial property in a highly sought-after location.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Chico
- County
- Butte
- State
- California
- Longitude
- -121.841
- Latitude
- 39.7724
- CBSA code
- 17020
- CBSA name
- CHICO, CA METROPOLITAN STATISTICAL AREA