852 Manzanita Court Chico, CA 95926

$625,000 Pending

About the Property

Excellent Investment Opportunity! This well maintained building has four individual suites, 100% occupied by long term tenants. There is a light, bright common entry, with 2 shared restrooms. Two of the suites have separate exterior entrances. All of the suites have reception areas and private offices as well as break room areas with sinks. Centrally located in the heart of Chico with easy freeway access and ample parking, it is not surprising that this building has had zero vacancy. Owner pays Water, Sewer, Pest and landscaping. Each suite has its own HVAC unit with sperate PG&E meters. Newer (2002 built) building is stucco with tile roof. Both interior and exterior are exceptionally clean and well maintained.

Property Information

Size 3,500 SqFt
Price/SqFt $179
Year Built 2002
Property Type Office
Listing Number SN21188975
Listed 8/25/2021
Modified 9/8/2021
Listing Agent Shane Collins
Listing Office Re/Max of Chico

Property Features

# of Buildings
  • 1
# of Units Leased
  • 4
Cap Rate
  • 6.70
  • Central
Land Use
  • Office
  • Tile
Stories Total
  • 1
Water Source
  • Public
  • Electricity Connected
  • Sewer Connected
  • Water Connected
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