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$779,000

FOR SALEActive

2535 Ceanothus

Chico CA 95973

3,000

SF

Office

Type

2008

Built

$260/SF

Cost/SF

233 days on marketNalren refreshed

Listing Agent

Matthew Herman

Listing Agent

DRE #: 01505777

(530) 212-7373

Brokerage: Keller Williams Realty Chico Area

Location Analysis

MapProperty Location

About This Property

This 2008-built professional office building in the Pleasant Valley Courtyard offers a prime investment opportunity in one of Chico’s most sought-after complexes. The 3,000-square-foot structure is split evenly into two 1,500-square-foot units, each featuring a private entrance and independent utility meters. The versatile interior is designed to accommodate diverse professional needs; Unit #120 currently features four large individual offices, while Unit #128 is specifically built out for a dental or medical practice. Constructed with a durable metal roof and wood framing, the building also includes a photovoltaic solar system to enhance energy efficiency. The property is centrally located on Ceanothus Avenue, providing excellent proximity to Pleasant Valley High School and the Safeway Shopping Center. With stable, long-term leases already in place through 2028, this asset offers immediate and consistent returns. Viewing is available by appointment only.

Property Information

Property Overview

Commercial - Office

Property Type

Active

Status

0.03 acres

Lot Size

3,000 SF

Square Footage

$259.67/SF

Price per SF

5.70%

Cap Rate

$9,398

Annual Tax

2,008

Year Built

1

Stories

Property Highlights

N/A Property

Prime Location with High Visibility

5.7% Cap Rate

Location Analysis

Map

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