Skip To Content

994 E 20th Street

Chico, CA 95928
  • $1,965,000
  • STATUS: Active
  • ON SITE: 8 Days
  • ID#: SN22204567
UPDATED: 73 min ago
$1,965,000
  • 0
    BEDS
  • 0.84
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1990
County:

School Ratings & Info

Listing Agent(s): Kristin Wilson Ford of Re/Max Of Chico (530-896-9300) and Shane Collins of ()


Description

Conveniently located in a high traffic, commercial area directly across the street from the Chico landmark, Sierra Nevada Brewery. This property has been meticulously maintained. New roof coating in 2017 (with 18 year warranty), and new perimeter fencing recently installed. The 21,448 sq ft metal building features 4,000 sq ft of conditioned office/retail space, 3 restrooms and 3 roll-up doors in the warehouse area. The property is gated and fully fenced. This hands off investment has a cap rate of 6% with annual CPI adjustments and a long term tenant with no plans to vacate. Do not disturb business/tenants, call for more information.

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-09-29T09:29:50.083. 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 Coldwell Banker C&C Properties. Licensed in the State of California, USA.
www.realestateredding.com/homes/133253127
Print Image

994 E 20th Street Chico, CA 95928

  • Price: $1,965,000
  • Status: Active
  • On Site: 8 Days
  • Updated: 73 min ago
  • ID#: SN22204567
0
Beds
0
Baths
0
½ Baths
0.84
Acres
1990
Built
County:
Butte
Property Description
Conveniently located in a high traffic, commercial area directly across the street from the Chico landmark, Sierra Nevada Brewery. This property has been meticulously maintained. New roof coating in 2017 (with 18 year warranty), and new perimeter fencing recently installed. The 21,448 sq ft metal building features 4,000 sq ft of conditioned office/retail space, 3 restrooms and 3 roll-up doors in the warehouse area. The property is gated and fully fenced. This hands off investment has a cap rate of 6% with annual CPI adjustments and a long term tenant with no plans to vacate. Do not disturb business/tenants, call for more information.
Exterior Features

Construction Materials Steel SidingSteel Fencing Good Condition Lot Features Drip Irrigation/BubblersLevelRectangular LotSprinklers TimerSprinkler SystemStreet Level Open Parking Spaces 34 Parking Total 34 Roof Metal

Interior Features

Cooling Central Air Cooling YN Yes Heating CentralNatural Gas Heating YN Yes

Property Features

Additional Parcels YN No Business Type DistributionWarehouseWholesale Cap Rate 6 Common Interest None Gross Scheduled Income 118056 Land Lease YN No Laundry Features None Lease Considered YN No Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Submit Net Operating Income 108840 Number Of Units Leased 1 Operating Expense 0 Property Sub Type Warehouse Security Features Fire Sprinkler System Special Listing Conditions Standard Utilities Electricity ConnectedNatural Gas ConnectedPhone ConnectedSewer ConnectedWater Connected Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-09-29T09:29:50.083. 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 Coldwell Banker C&C Properties. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_370003295-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_370003295-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_370003295-1.jpg
Logo
Coldwell Banker C&C Properties
2120 Churn Creek Rd.
Redding CA, 96002
Listing Agent(s): Kristin Wilson Ford of Re/Max Of Chico (530-896-9300) and Shane Collins of ()