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2520 Cohasset Road Chico, CA 95973

218418053 39.761776 -121.84275 124 /listing/218418053-150017067/2520-cohasset-road-chico-ca-95973 False 0 3800000.0 101 SN18225098 False
  • $3,800,000
  • Est payment $20399.22/mo

Property & Neighborhood Info

Courtesy Of Michael Donnelly, Coldwell Banker/DuFour

Commercial in Chico

Currently generating $422,640 in Net Annual Income. (11.12% Annual Return on Investment – CAP Rate). Tenant pays all Operating Expenses (NNN) and to Extend lease until December 31, 2020. Automotive Dealership Property. South building is 27,692 SF on 1.94 acres. This is part of a larger portfolio totaling 42,773 sq. ft. on 5.07 acres that can be leased or purchased in whole or in part as follows: APN 015-230-032 - North Building - $2,500,000 APN 015-230-033 - South Building - $3,800,000 APN 015-230-032 - 2 Acres Vacant Lot - $1,000,000 Entire complex is currently being leased (NNN) until 12/31/19 and to be extended until 12/31/20. Can be purchased separately or in its entirety. Subject Properties are close to the prime intersection of East & Cohasset. Zoned Regional Commercial allowing for a wide range of retail and commercial uses and even mixed use residential. Currently leased to Courtesy Motors scheduled to vacate by December 31, 2020. Neighbors included Wells Fargo, Walgreens, Good Earth Market, Burger King, Davita Health, Starbucks, Mod Pizza, Cinemark, Trader Joes, CVS and the entire North Valley Plaza Mall. The information contained herein has been obtained through sources deemed reliable but cannot be guaranteed as to its accuracy. Lot size taken from public records. Buyer is advised to investigate to their satisfaction.

Courtesy Of Michael Donnelly, Coldwell Banker/DuFour

Main Features

  • Listing Status: Active
  • Year Built: 1973
  • County: Butte
  • MLS Number:SN18225098

Additional Features

  • Retail Sq Ft:
    • 27692
  • Laundry:
    • None
  • Building Description:
    • Existing
  • Property Subtype:
    • Retail
  • Water Source:
    • Public
  • Land Size Source:
    • Assessor
  • Special Conditions:
    • Standard
  • Price Per SQFT:
    • 137.22
  • Tax ID:
    • 015230033000
Neighborhood info courtesy of Homes.com © 2019

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.

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Robin Fox
Robin Fox
Owner / Broker

2520 Cohasset Road Chico, CA 95973

218418053 39.761776 -121.84275 124 /listing/218418053-150017067/2520-cohasset-road-chico-ca-95973 False 0 3800000.0 101 SN18225098 False
  • $3,800,000
  • Est payment $20399.22/mo