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$ 875,000
$ 975,000 10.3%
Est. payment /mo
Sold on 01/16/2025
1215 Mangrove AVE Chico, CA 95926
9,147 Sqft Lot
UPDATED:
Key Details
Sold Price $875,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SN24006766
Sold Date 01/16/25
HOA Y/N No
Year Built 1978
Lot Size 9,147 Sqft
Property Sub-Type Retail
Property Description
Exceptionally well-maintained commercial property on a vibrant stretch of Mangrove Ave. Between 1st and 3rd Avenues. Huge Traffic Counts! More than 21,000 vehicles per day. Thriving commercial corner. neighboring businesses include Great Harvest Bread, Popeyes Louisiana Kitchen, and Jiffy Lube. Three commercial units for a total of 6,599 Sq. Ft. Three units fully leased. Great Commercial Investment Property - 6.75% CAP RATE.
Please DO NOT disturb tenants.
Please DO NOT disturb tenants.
Location
State CA
County Butte
Interior
Fireplace No
Laundry None
Building
Lot Description Level
Story 1
Water Public
Others
Tax ID 003451021000
Financing Cash
Special Listing Condition Standard
Listed by Michael Donnelly • Coldwell Banker C&C Properties • 530-828-0011
Bought with Carrie Welch • Capital Rivers Commercial Inc
Bought with Carrie Welch • Capital Rivers Commercial Inc