1215 Mangrove AVE, Chico, CA 95926
$875,000
$975,000
10.3%
Est.Price: ?

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9,147 Sqft Lot

1215 Mangrove AVE Chico, CA 95926

Est. payment /mo
SOLD DATE : 01/16/2025

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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.

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

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Listed by Michael Donnelly Coldwell Banker C&C Properties 530-828-0011, DRE #01429436
Bought with Carrie Welch Capital Rivers Commercial Inc
Jessica Lam

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