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Office - Medical Building For Sale 572 Rio Lindo Ave

16,120 SF 1% Leased Office Building Chico, CA 95926 £1,780,074 (£110/SF)

Investment Highlights

  • Pair of Buildings For Sale
  • Desirable Medical Hub Corridor
  • Buy One or Both
  • Highway Frontage

Executive Summary

Well kept office building with multiple units in the heart of the centrally located Rio Lindo Avenue commercial area. Beautiful lobby and sunlit entry way with very clean, professional common areas. Includes digital business directory and elevator. Good professional tenant mix with about half of the units occupied. Office suites are metered separately for maximum tenant flexibility. Currently there are nine tenants and five available suites, and the floor plan could allow up to 18 units. Buyer to verify. Great opportunity for an owner user or an investor poised to add upside value. The neighboring office building next door at 578 Rio Lindo Ave. is also For Sale. Please do not disturb tenants.

Attachments

572-578 Rio Lindo Ave - Brochure

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
16,120 SF
Building Class
B
Year Built
1972
Price
£1,780,074
Price Per SF
£110
Percent Leased
1%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
8,060 SF
Building FAR
0.27
Lot Size
1.39 AC
Zoning
C1
Parking
40 Spaces (2.48 Spaces per 1,000 SF Leased)

Links

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Bike Score ®
Very Bikeable (87)
What is a Walk Score®, Transit Score® & Bike Score®?
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of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 006-260-039-000 Improvements Assessment £1,061,939
Land Assessment £237,080 Total Assessment £1,299,019

PROPERTY TAXES

Parcel Number
006-260-039-000
Land Assessment
£237,080
Improvements Assessment
£1,061,939
Total Assessment
£1,299,019
(530) 828-0011

Contacts

  • Listing ID: 31030276

  • Date on Market: 23/02/2024

  • Last Updated:

  • Address: 572 Rio Lindo Ave, Chico, CA 95926

The Office Property at 572 Rio Lindo Ave, Chico, CA 95926 is currently available for sale. Contact Coldwell Banker Commercial C&C Properties for more information.

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572 Rio Lindo Ave, Chico, CA for sale Building Photo- Image 1 of 12
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© 2024 CoStar Group

Office - Medical Building For Sale | 572 Rio Lindo Ave
(530) 828-0011 x

Office - Medical Building For Sale | 572 Rio Lindo Ave

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Mike Donnelly

(530) 828-0011

(530) 828-0011

Brian Littrell

(530) 896-3166

(530) 896-3166

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