306 W 7th Street, Chico, CA 95928

$1,222,630
4,771
SqFt
List Price
$1,222,630
Status
ACTIVE
MLS#
SN20169640
Year Built
2004
Living Sq. Ft
4,771
Days on Market
69
Property Type
Commercial
Property Sub Type
Mixed Use

Property Description

The iconic Afton Place frames the corner of Salem Street and W. 7th Street in downtown Chico. The property consists of six high quality office suites and two apartments. The office suites are well appointed with tall full light entry doors, large windows, their own electric meters, and long-term stable tenants. The third floor houses the two apartments. Both apartments are two bedroom and one bath accessed via two external staircases which are works of art. Each apartment has its own patio area overlooking the tree lined Chico streets and reserved parking space. The metal leaves that wind through the building’s high trellis that fronts the corner of the building was a collaboration with the RDA Public Art Fund Matching Program. Property offers two common area restrooms, a shared conference room and gated bike parking. On-site parking and unmetered street parking surround this unique mixed-use property. 100% leased with the opportunity to renew leases with many of the tenants to increase NOI. See supplemental documents for marketing packet with income and expense details. https://www.tourbuzz.net/1666701?idx=1

Additional Information

Heat
Central, Heat Pump
Cooling
Yes
Cooling Description
Central Air, Heat Pump
Exterior Construction
Stucco
Water
Public

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Carrie Welch from Coldwell Banker/DuFour

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.