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$ 589,500
Est. payment /mo
Active
165 Rio Lindo Ave Chico, CA 95926
0.26 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID SN26021785
HOA Y/N No
Year Built 1989
Lot Size 0.260 Acres
Property Sub-Type Mixed Use
Property Description
Great opportunity to own a mixed-use income property in a convenient central Chico location near downtown and Enloe Medical Center. This well-located, established building offers three separate units, including two commercial suites and one residential unit, making it ideal for investors or an owner-user.
The front commercial suite is currently vacant, offering flexibility for an owner-operated business or new tenant occupancy at market rates. The middle commercial suite is occupied, providing existing income, while the rear residential unit is also tenant-occupied, creating additional steady cash flow.
The property features a driveway in front plus a rear parking lot, offering valuable on-site parking for tenants, customers, or residents. A flexible layout, mixed income streams, and a highly accessible location make this a versatile property with strong potential.
The front commercial suite is currently vacant, offering flexibility for an owner-operated business or new tenant occupancy at market rates. The middle commercial suite is occupied, providing existing income, while the rear residential unit is also tenant-occupied, creating additional steady cash flow.
The property features a driveway in front plus a rear parking lot, offering valuable on-site parking for tenants, customers, or residents. A flexible layout, mixed income streams, and a highly accessible location make this a versatile property with strong potential.
Location
State CA
County Butte
Interior
Heating Central
Cooling Central Air
Fireplace No
Laundry Washer Hookup, Gas Dryer Hookup
Exterior
Fence Chain Link, Wood
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected
Building
Lot Description 0-1 Unit/Acre, Landscaped, Near Public Transit, Paved
Story 1
Water Public
Others
Tax ID 006100065000
Acceptable Financing Submit
Listing Terms Submit
Special Listing Condition Standard
Listed by Trevor White Atrix Real Estate 5303551239, DRE #02040241
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