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1215 Mangrove Avenue, Chico, CA 95926

Commercial property

1215 Mangrove Avenue, Chico, CA 95926 Sold January 2025 CRMLS
$875,000Sold January 2025

Listing Agent: Michael Donnelly (DRE #01429436) · Listing Office: Coldwell Banker C&C Properties · Contact: 530-828-0011 · Bought with: Carrie Welch · Capital Rivers Commercial Inc · MLS #SN24006766 · Source: CRMLS

6,599
Building Sq Ft
6
Units
9,148 sqft
Lot Size
1978
Year Built
Commercial property
Type

About this commercial property

Exceptionally well-maintained commercial property on a vibrant stretch of Mangrove Ave. Between 1st and 3rd Avenues. Huge Traffic Counts! More than 21,000 vehicles per day. Thriving commercial corner. neighboring businesses include Great Harvest Bread, Popeyes Louisiana Kitchen, and Jiffy Lube. Three commercial units for a total of 6,599 Sq. Ft. Three units fully leased. Great Commercial Investment Property - 6.75% CAP RATE. Please DO NOT disturb tenants.

Listing description from the January 2025 sale, as reported to CRMLS.

Sale history

$875,000
Sold January 2025 · listed $975,000, orig. $1,095,000, on market January 2024 · MLS #SN24006766 · Source: CRMLS
Listing Agent: Michael Donnelly · Listing Office: Coldwell Banker C&C Properties · Contact: 530-828-0011 · Bought with: Carrie Welch · Capital Rivers Commercial Inc
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