x
Address
994 E 20th Street Chico, CA
Price
$ 1,900,000
Property Attributes
  • ML#SN19183986
  • TypeCommercial
  • CountyBUTTE
  • CityChico
  • Zip95928
  • StyleWarehouse
  • Price$ 1,900,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage21448
Listing Provided Courtesy Of:
Shane Collins with Re/Max of Chico.
Property Description

Excellent Investment Opportunity! Established local business has occupied this space for 29 years, and wishes to continue leasing for many years to come! Located across the street from a Chico landmark, Sierra Nevada Brewery, with high traffic counts and easy freeway access. Tenant pays maintenance, taxes and insurance. Rent is currently $8,867 per month - a cap rate of 5.6%. Rent increases annually based on CPI (call agent for details). Metal building was constructed in 1990, metal roof was just re-coated in 2017 with an 18 year warranty. Property features 4,000 sq ft of conditioned office/retail space and 3 restrooms. There are 3 roll-up doors in the warehouse. Property is gated and fence was recently replaced. Do not disturb business/tenants, call for more information!

Price History
8/2/2019 Listed $1,900,000

General Features

Business Type Distribution, Mixed, Retail, Warehouse
Co-Listing Agent Last Name Wilson Ford
Co-Listing Agent Last Name Kristin
Co-Listing Agent State License # 01922668
Co-listing Agent Kristin Wilson Ford - BRE#01922668
Directions From 99, West on E. 20th St. Property is on your right, just accross from Brewery
Listagentaor Sierra North Valley
Listing Agent Shane Collins - BRE#01738682
Listing Agent State License 01738682
Number of Units Leased 1
Price Per Square Foot 88.59
Property SubType Warehouse
Property Type Commercial Sale
Security Features Fire Sprinkler System
Source System CRMLS
Special Listing Conditions Standard, Trust

Interior Features

Air Conditioning Y/N Yes
Condo Area Unit Type Square Feet
Heating Central, Natural Gas
Heating Y/N Yes
Laundry Features None
Utilities Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

Exterior Features

Building Area Total 21448.00
Construction Materials Steel, Steel Siding
Fence Y/N Yes
Land Use Industrial, Office, Other, Retail
Lot Size Source Assessor
Number of Buildings 1
Roof Metal
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 95928

Price
AVG $740K
$1.9M
Visits
AVG 22
4
Year Built
AVG 1969
1990
Walkscore
AVG 60
50
Data Provided by Walkscore ® not using MLS data

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