Description

Great opportunity to own a mixed-use income property in a convenient central Chico location near downtown and Enloe Medical Center. This well-located, established building offers three separate units, including two commercial suites and one residential unit, making it ideal for investors or an owner-user. The front commercial suite is currently vacant, offering flexibility for an owner-operated business or new tenant occupancy at market rates. The middle commercial suite is occupied, providing existing income, while the rear residential unit is also tenant-occupied, creating additional steady cash flow. The property features a driveway in front plus a rear parking lot, offering valuable on-site parking for tenants, customers, or residents. A flexible layout, mixed income streams, and a highly accessible location make this a versatile property with strong potential.

Property details

Year built

1989

Property type

Residential Income

Lot size

11,326 sqft

Location

165 Rio Lindo Ave • Chico, CA 95926

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Listed by

Trevor White · Atrix Real Estate

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Residential Income - 165 Rio Lindo Ave, Chico, CA