400 Park Ave Chico, CA 95928
- Office buildings
- 39,955 SF
- 4.41 lot acres
Current Use by Public Records
- FedEx Drop Box / Mailing Service
- Enterprise-Record / Newspaper Publisher / Newspaper Advertising Department
- Paradise Post / Newspaper Publisher / Classified Ads Newspaper Publisher
- NorCal Design Center / Newspaper Distribution Service
Property Details for 400 Park Ave
- Year built
- 1987
- Construction
- TILT-UP CONCRETE
- Lot size
- 4.41 lot acres
- Property size
- 39,955 SF
- Property type
- Office buildings
- APN
- 005-500-031-000
- APU
- 5500031000
Description
This exceptional 40,947-square-foot commercial property presents a unique opportunity in Chico's thriving market. Situated on a 4.41-acre lot, this Class B building offers a versatile blend of office and distribution space, ideal for a variety of businesses. Built in 1987, the two-story structure features a single tenancy, with the entire space currently vacant. The property boasts approximately 22,797 square feet of office space, complemented by a 14,168-square-foot warehouse. A 1,300-square-foot centralized access hallway connects these areas, enhancing efficiency. Additional features include a 2,682-square-foot mezzanine level with office space and restrooms, two loading docks, and ample parking for 130 vehicles. The property also includes approximately 42,000 square feet of yard space, providing significant flexibility for storage or outdoor operations. Two large backup generators ensure reliable power. The property is zoned CS Services Commercial and conveniently located near Highway 99, offering excellent accessibility. The address is further identified by its cross street, Dr. Martin Luther King Jr. Pkwy, and its Assessor's Parcel Number (APN) is 005-500-031. This property is located in the Chico submarket. This is a rare opportunity to acquire a substantial, versatile property in a desirable location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Chico
- County
- Butte
- State
- California
- Longitude
- -121.807
- Latitude
- 39.7158
- CBSA code
- 17020
- CBSA name
- CHICO, CA METROPOLITAN STATISTICAL AREA