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2424 Park Ave Chico, CA 95928
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Key Details
Sold Price $550,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SN24189967
Sold Date 04/30/25
HOA Y/N No
Lot Size 0.260 Acres
Property Sub-Type Mixed Use
Property 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
Location
State CA
County Butte
Interior
Heating Ductless, Natural Gas
Cooling Ductless
Fireplace No
Laundry Electric Dryer Hookup, Gas Dryer Hookup, Inside
Exterior
Fence Chain Link
Utilities Available Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected
Roof Type Asphalt
Building
Lot Description 2-5 Units/Acre
Story 1
Water Public
Others
Tax ID 039430032000
Security Features Carbon Monoxide Detector(s)
Acceptable Financing Cash, Contract, Owner May Carry, Submit
Listing Terms Cash, Contract, Owner May Carry, Submit
Financing Contract
Special Listing Condition Standard
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Bought with Robert Jeffries Re/Max of Chico
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