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60 Declaration Drive, Chico, CA 95973

Commercial property · 2 recorded sales since 2014

60 Declaration Drive, Chico, CA 95973 Sold January 2020 CRMLS
$700,000Sold January 2020

Listing Agent: Ken Winslow (DRE #00956005) · Listing Office: Keller Williams Realty Chico Area · Contact: 530-809-3700 · Bought with: Candace Andel · Century 21 Select Real Estate, Inc. · MLS #SN19169274 · Source: CRMLS

6,404
Building Sq Ft
6.19%
Cap Rate
$45,510
NOI
23,087 sqft
Lot Size
1989
Year Built
Commercial property
Type

About this commercial property

Well maintained office building with four separate suites. This upgraded two story office building is the Mount Vernon replica in Philadelphia Square in North Chico. Unit A is all of upstairs and is occupied by the owner, with 3,200 square feet, 7 offices, supply and storage rooms, break room/kitchen, conference room, and a reception area. Downstairs consists of 3 separate suites. Tenants include: Suite B: Graphics, Suite C: insurance, and Suite D: chiropractor
 4 new HVAC systems aprx. 3 years ago, 3 meters. Tile Roof had sheating and membrane replacement, per seller, aprx. 2 years ago.
 Fresh paint and flooring throughout.
 If purchaser is an investor, current owner may be interested in leasing back up to six months from close of escrow. 6.1 CAP rate.

Listing description from the January 2020 sale, as reported to CRMLS.

Sale history

$700,000
Sold January 2020 · listed $735,000, on market July 2019 · MLS #SN19169274 · Source: CRMLS
Listing Agent: Ken Winslow · Listing Office: Keller Williams Realty Chico Area · Contact: 530-809-3700 · Bought with: Candace Andel · Century 21 Select Real Estate, Inc.
$445,000
Sold October 2014 · listed $540,000, on market September 2011 · MLS #CC315151 · Source: CRMLS
Listing Agent: Sherry Payne · Listing Office: Shiela Gardner Real Estate · Contact: 530-899-1001 · Bought with: Ken Winslow · Keller Williams Realty Chico
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