$590,000
For Sale

2424 Park Ave

Chico, CA 95928
0.26 acres | #SN24189967
Listing OfficeRe/Max of Chico
Browse 44 photos
Type:Purchase
Structure:Commercial
Zone:Commercial

Description

For Sale: Unique Park Avenue Property with Three Distinct Buildings
Location: Park Avenue
Property Overview:
Front Building:
Size: 1,220 SF
Features: Prime Park Avenue frontage with excellent visibility. Includes retail space in the front window, two open rooms, and a small restroom at the rear. Can also be used as a restaurant or office space.
Middle Building:
Size: 1,550 SF
Type: Metal and block warehouse
Features: Equipped with fenced yard access and a restroom. Ideal for storage or business, warehouse, manufacturing convert it into a 2 or 3-bedroom apartment.
Rear Building:
Size: 630 SF
Type: single-family resident
Features: One bedroom, one bath, with an indoor laundry area and a large, secluded yard. Perfect for rental income or personal use, with the possibility of expanding it into a 2 or 3-bedroom home.
Opportunities:
Each unit has its separate utilities, including electric, gas, and sewer, water is shared
Mixed-Use Potential: Utilize the front building for your business while generating rental income from the rear single-family home.
On-Site Living: Live on the property and run your business from the front building, with the added convenience of the rear single-family home for personal use.
Owner financing is
available with 25% down, 9% interest rate for 10 years.
This unique property offers versatility and value, making it an excellent investment opportunity. Don't miss out—schedule a viewing today!
The property is also cross-listed in the Residential section of the MLS

  • Property Details
      • Lot DescriptionTwoToFiveUnitsAcre
      • Stories1
    • Measurements
      • Acres0.26
  • Construction Details
      • Property TypePurchase
  • Utilities / Energy Details
      • Utility FeaturesElectricityConnected, NaturalGasConnected, PhoneAvailable, SewerConnected
      • Utility SourcePublic
  • Community and Neighborhood Details
      • CountyButte
  • Financial Details
      • Original List Price$590,000
  • Other
      • MLS #SN24189967

Location

Gary ElminoufiReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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