Chico, CA 95926,220 W East AVE
Chico, CA 95926,220 W East AVE
Chico, CA 95926,220 W East AVE
Chico, CA 95926,220 W East AVE
Chico, CA 95926,220 W East AVE
Chico, CA 95926,220 W East AVE
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$10,550,000

$11,280,000

6.5%
Est.Price: ?

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Est. payment /mo

8.71 Acres Lot


SOLD DATE : 06/11/2024

Key Details

Sold Price $10,550,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SN24037685

Sold Date 06/11/24

HOA Y/N No

Year Built 1990

Lot Size 8.710 Acres

Property Description

One of the most reliable, strongest performing shopping centers in Northern California. This Town and Country Center is a proven daily needs retail asset with good, solid dependable cash flow and return on investment. Year after year, the Towne & Country Shopping Center has been nearly 100% leased, with steady, growing rents and excellent cash flow. It’s time for the next generation investors to enjoy this perfect tenant mix and great NOI. Front Pad Site up front along the busy Esplanade offers possible upside opportunity. Buyer to verify. Massive 120,000 sq. ft. Enloe Hospital Project proposed immediately next door. Save Mart, Auto Zone, and Former Boot Barn on the corner at 2539 Esplanade are NOT a part. This sale will include the following parcels: 006-530-031, 006-530-033, 006-530-038, 006-530-034, 006-530-035, 006-530-036, 006-530-037, 006-530-015.

Location

State CA

County Butte

Interior

Fireplace No

Laundry None

Building

Lot Description Street Level

Story 1

Water Public

Others

Tax ID 006530034000

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Michael Donnelly • Coldwell Banker C&C Properties • 530-828-0011
Bought with rACE Merritt • Ethan Conrad Properties
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