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Nicolas Romo
Direct Office:
800-659-4610
sellingcasas@gmail.com
DRE# 01787685
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Nicolas Romo
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Direct Office:
800-659-4610
sellingcasas@
gmail.com
DRE# 01787685
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60 Declaration Drive,  Chico CA, 95973

(Active)
$895,000
|
6,404 sqft
|
MLS# SN24076812
Last Updated: 5/15/2024 11:05 PM
Description for 60 Declaration Drive Chico, CA 95973
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 6.53%, and an actual of 4.38%, this building could be an appealing investment opportunity, with a stable return. Invest in your own piece of Philadelphia Square!
Price
$895,000
Butte
6,404 (approx)
SN24076812
Active
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 6.53%, and an actual of 4.38%, this building could be an appealing investment opportunity, with a stable return. Invest in your own piece of Philadelphia Square!
Listing Information
Property Type: Office, Business Opportunities, 2 Story
0.53 Acres Assessor 6,404 (approx)
1989 2 Stucco,Wood
Public
Electricity Connected,Phone Connected,Sewer Connected,Water Connected
1 Total
Neighborhood
Room Information
None
Interior Features
Central Air
Other, Central
Exterior / Lot Features
21 Parking Spaces, 0 Covered Parking Spaces,
Wood, Stucco
170x152
OC
Level
None
2-5 Units/Acre,Lawn,Level,Sprinkler System,Street Level,Flat
Driving Directions
From Esplanade, take Independence Circle, Right on Constitution, Left on Declaration.
Financial Considerations
006210090000
$7,358
Cash
Listing Price History

Chico Real Estate

Chico is located in California. Chico, California 95973 has a population of 91,170.

The median household income in Chico, California 95973 is $71,851. The median household income for the surrounding county is $56,221 compared to the national median of $66,222. The median age of people living in Chico 95973 is 38 years.

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Listing Agent: Austin Barron CalDRE: 02082721 - Century 21 Select Real Estate, Inc., 5305884538
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The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This content last refreshed on 5/15/2024 11:05 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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