2531 Frst Ave Chico, CA 95928-7716
This exceptional Chico, CA commercial property at 2531 Forest Avenue presents a unique investment opportunity. Priced at $600,000, this well-maintained, owner-built building offers two suites currently occupied by long-term tenants. While their leases have expired, both tenants express a strong desire to remain under new ownership, providing immediate income potential. The larger suite boasts over 2,000 square feet of professional office space, ideal for a law firm or similar business. The second suite is configured into smaller, private offices, offering flexibility for various uses. The property features ample parking, convenient street access, and easy-to-maintain landscaping. Its excellent location in Butte County, CA (zip code 95928), adds to its desirability. Tenants are readily available to show the units by appointment, allowing for a seamless transition for the new owner. This is a turnkey opportunity to acquire a profitable commercial property in a thriving Chico market. The property is classified as both office and land, offering potential for future development or expansion. Don't miss this chance to own a well-established and highly sought-after commercial building.
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Joanna Miller Mft Family Counselor
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Law Offices of Larry L. Baumbach Law Firm
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Mark Johnson Attorney At Law Law Firm
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Lindsey A. Holmes Law Firm
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Pai Law Firm Law Firm
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C1 · Chico, CAChico. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.