1351 Esplanade, Chico, California 95926

$1,250,000

Overview

Property ID: SN23067397

Business, Commercial Sale
Property Type

5852 Sqft
Area Size

1910
Year Built

Description

Take a look at this terrific property. Actually, consists of 3 separate buildings. (1361 Esplanade is 2, 678 sqft; 1351 Esplanade is 1, 634 sqft & 121 West 4th Ave is 1, 540 sqft). Located 1 block from Enloe Hospital on a corner lot and along the beautiful Esplanade/4th Street makes this property a hot commodity. Lots of charm and character coupled with a high traffic count make for a great location. Currently 1351 Esplanade and 121 West 4th Ave have great tenants would like to stay and 1361 Esplanade is vacant. Tenants pay monthly at a rate of $1, 825 & $1, 750 respectively and the vacant unit should bring in $3, 000 bringing the Monthly Gross total to $6, 575 (Proforma). Tenants pay for their own Water & Electricity. All are handicap accessible and 1361 Esplanade has a large finished basement as well. These properties boast plenty of private parking in back as well as street parking out front which is always in high demand for the area. 1351 Esplanade and 121 W. 4th have brand new roofs on them. If you are looking for commercial property in a #1 location, then this is it!!!