Address
306 W 7th Street Chico, CA
Price
$ 1,100,000
Property Attributes
  • MLS#SN20169640
  • TypeCommercial
  • CountyBUTTE
  • CityChico
  • Zip95928
  • StyleMixed Use
  • Price$ 1,100,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4771
Listing Provided Courtesy Of:
Carrie Welch with Coldwell Banker/DuFour.
Property Description

The iconic Afton Place frames the corner of Salem Street and W. 7th Street in downtown Chico. The property consists of six high quality office suites and two apartments. The office suites are well appointed with tall full light entry doors, large windows, their own electric meters, and long-term stable tenants. The third floor houses the two apartments. Both apartments are two bedroom and one bath accessed via two external staircases which are works of art. Each apartment has its own patio area overlooking the tree lined Chico streets and reserved parking space. The metal leaves that wind through the building’s high trellis that fronts the corner of the building was a collaboration with the RDA Public Art Fund Matching Program. Property offers two common area restrooms, a shared conference room and gated bike parking. On-site parking and unmetered street parking surround this unique mixed-use property. 100% leased with the opportunity to renew leases with many of the tenants to increase NOI. See supplemental documents for marketing packet with income and expense details. https://www.tourbuzz.net/1666701?idx=1

Price History
8/20/2020 Listed $1,222,630
11/6/2020 11% - $1,100,000

General Features

Construction Materials Stucco
Directions Corner of W. 7th and Salem St. The Afton Place building
Heating Central, Heat Pump
Listagentaor Sierra North Valley
Listing Agent Carrie Welch - BRE#01926238
Listing Agent State License 01926238
Number of Units Leased 8
Price Per Square Foot 230.56
Property SubType Mixed Use
Property Type Commercial Sale
Source System CRMLS
Special Listing Conditions Trust
Utilities Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Interior Features

Air Conditioning Y/N Yes
Condo Area Unit Type Square Feet
Heating Y/N Yes
Laundry Features None
Total Stories 3

Exterior Features

Building Area Total 4771.00
Number of Buildings 1
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 95928

Price
AVG $420K
$1.1M
Visits
AVG 93
82
Year Built
AVG 1966
2004

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