$339,900
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575 East Avenue Chico, CA 95926
Retail
Residence
Beds
Baths
2,390
Sq. Ft.
0.21
Acre
Lot
Property Activity
Time on Site
days
Days on Market
Views
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*PRICE REDUCTION* Presenting 575 East Avenue, a prime 4-unit retail building located on a prominent corner at the intersection of East Avenue and El Paso Way. This property boasts excellent visibility and high-traffic exposure, making it an ideal investment opportunity for those looking to establish... a presence in a bustling commercial area. This key location attracts a diverse customer base and offers tenants access to a steady stream of potential customers from its high visibility location, the adjacent walkable neighborhood, and even public transit stops located across El Paso Way. Recently remodeled and currently undergoing interior improvements, this building offers a blend of modern updates and strong potential for income growth. Two of the four units are currently occupied at recently increased rents, providing immediate cash flow. The remaining two units are vacant and actively listed at market rents, offering an opportunity to further increase the property's income potential.
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MLS#
SN24192787
Property Type
Retail
Status
Year Built
1954
Square Feet
2,390
sq. ft
Lot Size
0.21
Sewer
Sewer Connected
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