60 Declaration Drive, Chico, CA 95973
-
Listed Price :
$825,000
-
Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
-
Year Built :
1989
Property Description
Welcome to the Vernon House at 60 Declaration Drive, a distinguished two-story office building nestled in the vibrant community of Philadelphia Square. This remarkable property, constructed in 1989, offers a total of four fully occupied units. This property is an excellent fit for investors seeking a sound income-generating asset that radiates professionalism and functionality. Located in a planned development area, the property benefits from its strategic positioning close to main thoroughfares, offering easy access for commuting and business operations. With a proforma Capitalization Rate of 7.38%, and an actual of 5.05%, this building could be an appealing investment opportunity, with a stable return. Invest in your own piece of Philadelphia Square!
Interior Features
| Laundry Information |
| Location(s) |
None |
| Bedroom Information |
| Bedrooms |
N/A |
| Bathroom Information |
| Bathrooms |
N/A |
| Interior Information |
| Cooling Type |
Central Air |
Listing Information
| Address |
60 Declaration Drive |
| City |
Chico |
| State |
CA |
| Zip |
95973 |
| County |
Butte |
| Listing Agent |
Austin Barron DRE #02082721 |
| Courtesy Of |
Century 21 Select Real Estate, Inc. |
| List Price |
$825,000 |
| Status |
Active |
| Type |
Commercial |
| Subtype |
Office |
| Structure Size |
N/A |
| Lot Size |
23,087 |
| Year Built |
1989 |
Listing information courtesy of: Austin Barron, Century 21 Select Real Estate, Inc.. *Based on information from the Association of REALTORS/Multiple Listing as of Jul 18th, 2024 at 12:09 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
