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Commercial Property - 195 E Shasta, Chico, CA

$625,000

195 E Shasta, Chico, CA

195 E Shasta, Chico, CA 95973 - $625,000 · Commercial Real Estate for Sale, photo 1 195 E Shasta, Chico, CA 95973 - $625,000 · Commercial Real Estate for Sale, photo 2 195 E Shasta, Chico, CA 95973 - $625,000 · Commercial Real Estate for Sale, photo 3 195 E Shasta, Chico, CA 95973 - $625,000 · Commercial Real Estate for Sale, photo 4 195 E Shasta, Chico, CA 95973 - $625,000 · Commercial Real Estate for Sale, photo 5
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Description

Great opportunity for an investor or owner-occupier: two well-maintained buildings on nearly half an acre, including a 1,344 SQ FT 2 bed, 2 bath home and a 3,923 SQ FT shop with a finished office, built in 1999. Priced competitively at $119/SQ FT, this property offers strong value for the combined square footage and income potential. Both buildings have a history of long-term tenancy and will be delivered vacant at close. The shop carries grandfathered commercial use rights under the current R2 (medium density residential) zoning, providing future development potential. Each unit is separately metered, both roofs were replaced in 2013, HVAC systems were replaced in 2023, and the property is served by both city sewer and CalWater.

Property details

Square feet
5,267
Year built
1978
Property type
Commercial Sale
Lot size
20,473 sqft

Location

195 E Shasta • Chico, CA 95973

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Listed by

Calen Chapman · Harris Commercial Real Estate

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Listing courtesy of Harris Commercial Real Estate. Information deemed reliable but not guaranteed.

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Nalren Corp. · CA DRE #02423715