575 East Avenue, Chico, CA 95926

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Property Description

*PRICE REDUCTION* Presenting 575 East Avenue, a prime 4-unit retail building located on a prominent corner at the intersection of East Avenue and El Paso Way. This property boasts excellent visibility and high-traffic exposure, making it an ideal investment opportunity for those looking to establish a presence in a bustling commercial area. This key location attracts a diverse customer base and offers tenants access to a steady stream of potential customers from its high visibility location, the adjacent walkable neighborhood, and even public transit stops located across El Paso Way. Recently remodeled and currently undergoing interior improvements, this building offers a blend of modern updates and strong potential for income growth. Two of the four units are currently occupied at recently increased rents, providing immediate cash flow. The remaining two units are vacant and actively listed at market rents, offering an opportunity to further increase the property's income potential.


Interior Features

Laundry Information
Location(s) None
Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A
Interior Information
Cooling Type Wall/Window Unit(s)

Listing Information

Address 575 East Avenue
City Chico
State CA
Zip 95926
County Butte
Listing Agent Austin Barron DRE #02082721
Courtesy Of Century 21 Select Real Estate, Inc.
List Price $349,900
Status Active
Type Commercial
Subtype Retail
Structure Size N/A
Lot Size 9,148
Year Built 1954

Listing information courtesy of: Austin Barron, Century 21 Select Real Estate, Inc.. *Based on information from the Association of REALTORS/Multiple Listing as of Nov 9th, 2024 at 6:18 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.