2424 Park Ave

Realist 2.0 Assessor Map
2424 Park Ave , Chico 95928
STATUS: Active LIST CONTRACT DATE: 09/12/24 LISTING ID: SN24189967 LIST PRICE: $590,000
PROP TYPE: Commercial Sale PROP SUB TYPE: Mixed Use
SELLER WILL CONSIDER
CONCESSIONS IN OFFER: PARCEL #: 039430032000




1 / 44Suite 100

E
Map
SQFT(SRC): 3,400
SQFT LOT: 11,326 (E)
ACRES: 0.260
BUSINESS NAME:
BUSINESS TYPE:
YEAR ESTABLISHED:
YEAR BUILT:
SLC: Standard
LEVELS: 1
CURRENT USE:
ACTUAL RENT:
RENT MIN - MAX $/SF/YR:
NUMBER OF UNITS: 6
ENTRY LEVEL: 1
BUILDING STATUS: Existing
OCCUPANCY:
BUILDING $/PER SQFT: $173.53
LAND $/PER SQFT:
DAYS ON MARKET: 20
COUNTY: Butte
PARCEL MASTER:
INVEST?: Yes A/C?:Yes
FENCE?: Yes HEAT?:Yes
DESCRIPTION
For Sale: Unique Park Avenue Property with Three Distinct Buildings Location: Park Avenue Property Overview: Front Building: Size: 1,220 SF Features: Prime Park Avenue frontage with excellent visibility. Includes retail space in the front window, two open rooms, and a small restroom at the rear. Can also be used as a restaurant or office space. Middle Building: Size: 1,550 SF Type: Metal and block warehouse Features: Equipped with fenced yard access and a restroom. Ideal for storage or business, warehouse, manufacturing convert it into a 2 or 3-bedroom apartment. Rear Building: Size: 630 SF Type: single-family resident Features: One bedroom, one bath, with an indoor laundry area and a large, secluded yard. Perfect for rental income or personal use, with the possibility of expanding it into a 2 or 3-bedroom home. Opportunities: Each unit has its separate utilities, including electric, gas, and sewer, water is shared Mixed-Use Potential: Utilize the front building for your business while generating rental income from the rear single-family home. On-Site Living: Live on the property and run your business from the front building, with the added convenience of the rear single-family home for personal use. Owner financing is available with 25% down, 9% interest rate for 10 years. This unique property offers versatility and value, making it an excellent investment opportunity. Don't miss out—schedule a viewing today! the middle warehouse is being rented to the front tenant for a low price to keep it occupied during the sale.