Skip To Content

    500 W East Avenue

    Chico, CA 95926
    • $1,775,000
    • STATUS: Active
    • ON SITE: 180 days
    • MLS #: SN21022836
    UPDATED: 186 min ago
    $1,775,000
    • 0
      BEDS
    • 0.62
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,726
      SQFT
    • $230
      $/SQFT
    Type:
    Commercial
    Built:
    1989
    County:

    School Ratings & Info

    Description

    One of the most prominent office buildings in Chico is available for sale for the first time since construction. This stately building is 100% leased as the HQ of one of the largest operators of Round Table Pizza in the country. The building offers a sweeping two-story glass exterior with a recently remodeled interior. Located on one of the main thoroughfares in Chico, this building has great access to both Highways 99 and 32, and is situated in an area dominated by medical and professional office users including Enloe Medical Center and Blue Oak Charter School. The building consists of approximately 4,150 square feet of two-story front office space, 3,000 square feet of conditioned storage space as well as additional back office space on both the first and second floors. Additional facilities include a second floor patio, private enclosed garage with roll-up door, 12 roll-up into the storage area, and a fully owned 88-panel roof-mounted solar system. The building is well parked with 28 spaces and the property has been well maintained. This building could be suitable for an owner/user requiring a flex-space operation as there are provisions in the lease allowing early termination. There may also be the ability to potentially expand the office area in the future. Call broker for further details on the existing tenancy. All information contained herein is from sources deemed reliable, we do not, however, guarantee its accuracy, Buyer to verify all information herein.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-08-03T00:37:00.417. 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 Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.
    www.desertareahomesforsale.com/homes/113900546
    Print Image

    500 W East Avenue Chico, CA 95926

    • Price: $1,775,000
    • Status: Active
    • Updated: 186 min ago
    • MLS #: SN21022836
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.62
    Acres
    7,726
    SQFT
    $230
    $/SQFT
    1989
    Built
    County:
    Butte
    Property Description
    One of the most prominent office buildings in Chico is available for sale for the first time since construction. This stately building is 100% leased as the HQ of one of the largest operators of Round Table Pizza in the country. The building offers a sweeping two-story glass exterior with a recently remodeled interior. Located on one of the main thoroughfares in Chico, this building has great access to both Highways 99 and 32, and is situated in an area dominated by medical and professional office users including Enloe Medical Center and Blue Oak Charter School. The building consists of approximately 4,150 square feet of two-story front office space, 3,000 square feet of conditioned storage space as well as additional back office space on both the first and second floors. Additional facilities include a second floor patio, private enclosed garage with roll-up door, 12 roll-up into the storage area, and a fully owned 88-panel roof-mounted solar system. The building is well parked with 28 spaces and the property has been well maintained. This building could be suitable for an owner/user requiring a flex-space operation as there are provisions in the lease allowing early termination. There may also be the ability to potentially expand the office area in the future. Call broker for further details on the existing tenancy. All information contained herein is from sources deemed reliable, we do not, however, guarantee its accuracy, Buyer to verify all information herein.
    Exterior Features

    Lot Features LandscapedLevelNear Public TransitStreet Level

    Property Features

    Additional Parcels YN No Cap Rate 6.42 Common Interest Planned Development Gross Scheduled Income 114000 Laundry Features None Listing Agreement Exclusive Right To Sell Property Sub Type Office Special Listing Conditions Standard Water Source Public

    Listing provided courtesy of Brandon Harris of Harris Commercial Real Estate


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-08-03T00:37:00.417. 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 Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.
     
    https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_365160584-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_365160584-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_365160584-1.jpg
    Logo
    Desert Area Homes For Sale | Premier Properties
    78115 Calle Estado #104
    La Quinta CA, 92253