













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