250 Cohasset RD, Chico, CA 95926
$2,150,000
$2,475,000
13.1%
Est.Price: ?

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0.85 Acres Lot

250 Cohasset RD Chico, CA 95926

Est. payment /mo
SOLD DATE : 07/05/2024

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Key Details

Sold Price $2,150,000

Property Type Commercial

Sub Type Office

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SN23098661

Sold Date 07/05/24

HOA Y/N No

Year Built 1996

Lot Size 0.850 Acres

Property Sub-Type Office

Property Description

Located in the heart of the Cohasset Medical District and fronting onto Cohasset Road, this multi-tenant building has a great mix of restaurant/taphouse, medical and office users. Flanked by some of the largest medical operators in the region including Enloe Medical Center, this four-tenant building has a very solid rental history, with the US Department of Veterans Affairs occupying since 2012 and all tenants having multi-year terms remaining. Contributing to the low historical vacancy rate, 250 Cohasset Road has a large parking area, great street frontage, solid co-tenancy within the Cohasset Village Complex (including Chico Sports Club, Reeve Woods Eye Center, Paradise Medical Group, Valley Clinical Labs and many others), and ease of access from Highway 99, Mangrove Avenue and Esplanade. Other adjacent users include Enloe Regional Cancer Center, Ampla Health, Chico Pediatrics, Vitalant, Enloe Prompt Care, Northstate Cardiology and many others.

Location

State CA

County Butte

Interior

Heating Central

Cooling Central Air

Fireplace No

Laundry None

Building

Lot Description Near Public Transit

Story 1

Water Public

Others

Tax ID 006250026000

Financing Cash

Special Listing Condition Standard

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Listed by Brandon Harris Harris Commercial Real Estate 530-828-9289, DRE #01318261
Bought with General NONMEMBER NONMEMBER MRML
Jessica Lam

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