3023 Esplanade , A-E

    Chico, CA 95973
    • $1,500,000
    • STATUS: Active
    • ON SITE: 241 days
    • ID#: SN19057117
    UPDATED: 75 min ago
    $1,500,000
    • 0
      BEDS
    • 1.4
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 23,693
      SQFT
    • $63
      $/SQFT
    Type:
    Commercial
    Built:
    1971
    County:

    School Ratings & Info

    Description

    Mixed use commercial income property. Great tenant mix with most tenants in the property for over 10 years. Some retail space facing the esplanade. Most units are metal warehouse space with bathrooms. Property has a Stott sign lease as well. This is a great opportunity for a owner user or investor. If you have a need to replace commercial lost in the Camp fire this is perfect. The esplanade offers a left turn and merge lane for easy ingress and ingress. Please don't let this property pass you by with out consideration.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-11T19:31:06.887. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Masters. Licensed in the State of California, USA.
    www.bestlahomefinder.com/homes/92708484

    3023 Esplanade , A-E Chico, CA 95973

    • Price: $1,500,000
    • Status: Active
    • Updated: 75 min ago
    • ID#: SN19057117
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.4
    Acres
    23,693
    SQFT
    $63
    $/SQFT
    1971
    Built
    County:
    Butte
    Property Description
    Mixed use commercial income property. Great tenant mix with most tenants in the property for over 10 years. Some retail space facing the esplanade. Most units are metal warehouse space with bathrooms. Property has a Stott sign lease as well. This is a great opportunity for a owner user or investor. If you have a need to replace commercial lost in the Camp fire this is perfect. The esplanade offers a left turn and merge lane for easy ingress and ingress. Please don't let this property pass you by with out consideration.
    Exterior Features

    Construction Materials FrameMetal SidingSteelWood Siding Fence YN Yes Fencing Average Condition Lot Features 11-15 Units/AcreLot 20000-39999 SqftRectangular LotLevelPaved Lot Size Units Square Feet Roof CompositionMetal

    Interior Features

    Condo Area Units Square Feet Laundry Features None

    Property Features

    Accounting Type Actual Additional Parcels YN No Asset Class IndustrialRetail Building Area Units Square Feet Building Status Existing Business Type Auto Repair-SpecialtyAuto Stereo/AlarmCabinetsCommercialConstruction/ContractorGift ShopWarehouse Cap Rate 6.57 Country Us Current Use Comments Mixed Use Electric Electricity - On Property Expense Year 24656 Gross Scheduled Income 123279.00 Insurance Expense 2500.00 Investment Property YN Yes Land Lease YN No Land Use IndustrialRetail Laundry YN No Leasable Area Units Square Feet Lease Considered YN No Max Total Area Units Square Feet Min Total Area Units Square Feet Net Operating Income 98623.97 Number Of Units Leased 14 Occupancy Occupied Operating Expense 24656.00 Property Sub Type Warehouse Real Estate Tax Expense 15000.00 Special Listing Conditions Standard Tax Annual Amount 15000.00 Total Monthly Rent 24069 Utilities Electricity ConnectedNatural Gas ConnectedPhone ConnectedWater Connected Water Source Public Year Built Source Public Records

    Listing provided courtesy of John Wallace of Century 21 Select Real Estate, Inc. and Georgie Bellin of Century 21 Select Real Estate, Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-11T19:31:06.887. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Masters. Licensed in the State of California, USA.
     
    RE/MAX Masters
    475 E. Badillo Street
    Covina CA, 91723