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    15 Williamsburg Lane

    Chico, CA 95926
    • $269,600
    • STATUS: Active
    • ON SITE: 330 days
    • ID#: SN19094341
    Price Reduced
    UPDATED: 221 min ago
    $269,600
    • 0
      BEDS
    • 0.07
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,040
      SQFT
    • $89
      $/SQFT
    Type:
    Commercial
    Built:
    1980
    County:

    School Ratings & Info

    Description

    Great investment commercial property in beautiful Stonebridge Professional Village. 3 Bathrooms in all. Building is split into 2 units with Unit A having 1 bathroom and Unit B having 2 bathrooms. 1 Unit is a 2,000 square foot established beauty spa that has been at this location for over 20 years at $ 1,850 a month. The other unit is a 1000 Square foot medical Office bringing in $ 1,000 a month with a large entrance that opens up to reception and common area, 2 office rooms downstairs and 1 larger one upstairs. Newly painted with white interior and newer carpeting. The building has an alarm system and updated Heating and air. Rent for tenants includes: Water, Garbage and Landscaping. The POA is currently $1226 monthly which pays for: all exterior maintenance including the new roof that was installed in 2016, exterior painting, landscaping, parking lot paving, lighting, water, sewer, trash and building casualty insurance. Washer and Dryer in separate room in one of the units. https://youtu.be/_n6SWqEm2gU

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-27T00:28:25.74. This information 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Steele Canyon Realty. Licensed in the State of California, USA.

    www.steelecanyonrealty.com/homes/100486146
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    15 Williamsburg Lane Chico, CA 95926

    • Price: $269,600
    • Status: Active
    • Updated: 221 min ago
    • ID#: SN19094341
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.07
    Acres
    3,040
    SQFT
    $89
    $/SQFT
    1980
    Built
    County:
    Butte
    Property Description
    Great investment commercial property in beautiful Stonebridge Professional Village. 3 Bathrooms in all. Building is split into 2 units with Unit A having 1 bathroom and Unit B having 2 bathrooms. 1 Unit is a 2,000 square foot established beauty spa that has been at this location for over 20 years at $ 1,850 a month. The other unit is a 1000 Square foot medical Office bringing in $ 1,000 a month with a large entrance that opens up to reception and common area, 2 office rooms downstairs and 1 larger one upstairs. Newly painted with white interior and newer carpeting. The building has an alarm system and updated Heating and air. Rent for tenants includes: Water, Garbage and Landscaping. The POA is currently $1226 monthly which pays for: all exterior maintenance including the new roof that was installed in 2016, exterior painting, landscaping, parking lot paving, lighting, water, sewer, trash and building casualty insurance. Washer and Dryer in separate room in one of the units. https://youtu.be/_n6SWqEm2gU
    Exterior Features

    Construction Materials Wood Siding Entry Level 1 Fence YN Yes Fencing Excellent Condition Lot Features LandscapedLevel With StreetLevelNear Public TransitPark NearbyPavedSprinkler SystemSprinklers TimerWalkstreet Lot Size Source Assessor Lot Size Units Square Feet Parking Total 2.00 Roof Composition Topography Concrete Uncovered Spaces 20.00

    Interior Features

    Building Features Phone System Condo Area Units Square Feet Cooling Central Air Cooling YN Yes Heating Central Heating YN Yes Laundry Features Dryer IncludedWasher Included Office Square Footage 3040

    Property Features

    Accounting Type Actual Additional Parcels YN No Advertising Expense 0.00 Asset Class Office Building Area Units Square Feet Building Expenses 0.00 Building Status Existing Business Type AccountingCommercialHealth ServicesOffice SupplyProfessional ServiceProfessional/OfficeReal Estate Cap Rate 7.00 Country Us Current Use Comments Psychiatrist Office And Beauty Salon Electric 220 Volts For SpaElectricity - On Property Electric Expense 0.00 Expense Year 0 Gross Scheduled Income 34200.00 Insurance Expense 0.00 Investment Property YN Yes Land Lease YN No Land Use Office Laundry Equipment Own Lease Own Laundry Income 0.00 Laundry YN Yes Leasable Area Units Square Feet Lease Considered YN No Legal Accounting Expense 0.00 Lot Dimensions Source Assessor Maintenance Expense 0.00 Max Total Area Units Square Feet Min Total Area Units Square Feet Net Operating Income 20090.00 Number Of Units Leased 2 Occupancy Occupied Operating Expense 14460.00 Other Expense 0.00 Other Income1 0.00 Park Name Stonebridge Personal Property Amount 0 Professional Management Expense 0.00 Property Sub Type Office Resident Manager Expense 0.00 Residential Square Footage 0 Retail Center Type Mixed Use Security Features Security LightsSmoke Detector(S)Wired For Alarm System Special Listing Conditions Standard Sprinklers YN Yes Supplies Expense 0.00 Tax Rate 2.00 Tax Year 2019 Total Expenses 14460.00 Total Monthly Rent 2900 Trash Expense 0.00 Utilities Electricity ConnectedPhone ConnectedSewer ConnectedWater Connected Vacancy Allowance 100 Vacancy Allowance Rate 0.00 Water Sewer Expense 0.00 Water Source Public Year Built Source Assessor

    Listing provided courtesy of Lou Martone of Lou Martone Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-27T00:28:25.74. This information 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Steele Canyon Realty. Licensed in the State of California, USA.

     
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    Steele Canyon Realty
    5923 Severin Drive
    La Mesa CA, 91942