$1,075,000
$1,250,000
14.0%For more information regarding the value of a property, please contact us for a free consultation.
0.64 Acres Lot
SOLD DATE : 04/29/2024
Key Details
Sold Price $1,075,000
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SN23067397
Sold Date 04/29/24
HOA Y/N No
Year Built 1910
Lot Size 0.640 Acres
Property Description
Take a look at this terrific property. Actually, consists of 3 separate buildings. (1361 Esplanade is 2,678 sqft; 1351 Esplanade is 1,634 sqft & 121 West 4th Ave is 1,540 sqft). Located 1 block from Enloe Hospital on a corner lot and along the beautiful Esplanade/4th Street makes this property a hot commodity. Lots of charm and character coupled with a high traffic count make for a great location.
Currently 1351 Esplanade and 121 West 4th Ave have great tenants would like to stay and 1361 Esplanade is vacant. Tenants pay monthly at a rate of $1,825 & $1,750 respectively and the vacant unit should bring in $3,000 bringing the Monthly Gross total to $6,575 (Proforma). Tenants pay for their own Water & Electricity. All are handicap accessible and 1361 Esplanade has a large finished basement as well.
These properties boast plenty of private parking in back as well as street parking out front which is always in high demand for the area. 1351 Esplanade and 121 W. 4th have brand new roofs on them.
If you are looking for commercial property in a #1 location, then this is it!!!
Location
State CA
County Butte
Zoning Comm
Interior
Heating Central
Cooling Central Air
Fireplace No
Laundry None
Exterior
Roof Type Composition
Building
Lot Description 2-5 Units/Acre, Corner Lot, Front Yard, Lawn, Landscaped
Story 2
Water Public
Others
Tax ID 003034018000
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Financing Other
Special Listing Condition Standard
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Bought with Lisa Bristow • Keller Williams Realty Chico Area
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "