$1,600,000
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2051 Forest Ave Chico, CA 95928
Mixed Use
Residence
Beds
Baths
13,800
Sq. Ft.
1.63
Acre
Lot
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Exceptional multi-family opportunity. Directly across from Walmart on Forest Ave. This 5 building 31 unit office complex can easily be converted to a 28 unit with clubhouse/office multi family complex. Entitlement level architectural floor plans and elevations have been completed. The office unit fl...oor plans facilitate easy conversion to 1 bedroom units. Office Mixed Use/Office Commercial Land Use/Zoning are consistent and allow multi family and emergency housing by plot plan approval. Sixty parking spaces would give 2.14/1 parking ratio. As infill the project would be CEQA exempt. Potential GRM 9/10 would be 3.6m to 4.0m. L/O BROKER OWNED
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MLS#
SW24249447
Property Type
Mixed Use
Status
Year Built
1992
Square Feet
13,800
sq. ft
Lot Size
1.63
Stories
2.0
Sewer
Public Sewer
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