575 East, Chico CA 95926 | $349,900
Listing provided courtesy of Austin Barron of Century 21 Select Real Estate, Inc.. Last updated 2024-11-18 10:23:29.000000. Listing information © 2024 SANDICOR.
*PRICE REDUCTION* Presenting 575 East Avenue, a prime 4-unit retail building located on a prominent corner at the intersection of East Avenue and El Paso Way. This property boasts excellent visibility and high-traffic exposure, making it an ideal investment opportunity for those looking to establish a presence in a bustling commercial area. This key location attracts a diverse customer base and offers tenants access to a steady stream of potential customers from its high visibility location, the adjacent walkable neighborhood, and even public transit stops located across El Paso Way. Recently remodeled and currently undergoing interior improvements, this building offers a blend of modern updates and strong potential for income growth. Two of the four units are currently occupied at recently increased rents, providing immediate cash flow. The remaining two units are vacant and actively listed at market rents, offering an opportunity to further increase the property's income potential.
More Details
1 Story
Parking Spots: 7.00
Asset Class: Retail
Electricity Connected
Phone Connected
Sewer Connected
Water Connected
Heating: Fireplace(s)
Heating: Wall Furnace
