$825,000
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60 Declaration Drive Chico, CA 95973
Office
Residence
Beds
Baths
6,404
Sq. Ft.
0.53
Acre
Lot
Property Activity
Time on Site
days
Days on Market
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Welcome to the Vernon House at 60 Declaration Drive, a distinguished two-story office building nestled in the vibrant community of Philadelphia Square. This remarkable property, constructed in 1989, offers a total of four fully occupied units. This property is an excellent fit for investors seeking ...a sound income-generating asset that radiates professionalism and functionality. Located in a planned development area, the property benefits from its strategic positioning close to main thoroughfares, offering easy access for commuting and business operations. With a proforma Capitalization Rate of 7.38%, and an actual of 5.05%, this building could be an appealing investment opportunity, with a stable return. Invest in your own piece of Philadelphia Square!
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MLS#
SN24076812
Property Type
Office
Status
Year Built
1989
Square Feet
6,404
sq. ft
Lot Size
0.53
Sewer
Sewer Connected
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