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    306 W 7th Street

    Chico, CA 95928
    • $1,222,630
    • STATUS: Active
    • ON SITE: 40 days
    • ID#: SN20169640
    UPDATED: 33 min ago
    $1,222,630
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,771
      SQFT
    • $256
      $/SQFT
    Type:
    Commercial
    Built:
    2004
    County:

    School Ratings & Info

    Description

    The iconic Afton Place frames the corner of Salem Street and W. 7th Street in downtown Chico. The property consists of six high quality office suites and two apartments. The office suites are well appointed with tall full light entry doors, large windows, their own electric meters, and long-term stable tenants. The third floor houses the two apartments. Both apartments are two bedroom and one bath accessed via two external staircases which are works of art. Each apartment has its own patio area overlooking the tree lined Chico streets and reserved parking space. The metal leaves that wind through the building+GGs high trellis that fronts the corner of the building was a collaboration with the RDA Public Art Fund Matching Program. Property offers two common area restrooms, a shared conference room and gated bike parking. On-site parking and unmetered street parking surround this unique mixed-use property. 100% leased with the opportunity to renew leases with many of the tenants to increase NOI. See supplemental documents for marketing packet with income and expense details. https://www.tourbuzz.net/1666701?idx=1

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-29T07:28:18.73. 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/109169190
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    306 W 7th Street Chico, CA 95928

    • Price: $1,222,630
    • Status: Active
    • Updated: 33 min ago
    • ID#: SN20169640
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    4,771
    SQFT
    $256
    $/SQFT
    2004
    Built
    County:
    Butte
    Property Description
    The iconic Afton Place frames the corner of Salem Street and W. 7th Street in downtown Chico. The property consists of six high quality office suites and two apartments. The office suites are well appointed with tall full light entry doors, large windows, their own electric meters, and long-term stable tenants. The third floor houses the two apartments. Both apartments are two bedroom and one bath accessed via two external staircases which are works of art. Each apartment has its own patio area overlooking the tree lined Chico streets and reserved parking space. The metal leaves that wind through the building+GGs high trellis that fronts the corner of the building was a collaboration with the RDA Public Art Fund Matching Program. Property offers two common area restrooms, a shared conference room and gated bike parking. On-site parking and unmetered street parking surround this unique mixed-use property. 100% leased with the opportunity to renew leases with many of the tenants to increase NOI. See supplemental documents for marketing packet with income and expense details. https://www.tourbuzz.net/1666701?idx=1
    Exterior Features

    Construction Materials Stucco Lot Features Corner LotWalkstreet Lot Size Units Square Feet

    Interior Features

    Condo Area Units Square Feet Cooling Central AirHeat Pump Cooling YN Yes Heating CentralHeat Pump Heating YN Yes Laundry Features None

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Building Status Existing Country Us Investment Property YN Yes Land Lease YN No Laundry YN No Leasable Area Units Square Feet Max Total Area Units Square Feet Min Total Area Units Square Feet Number Of Units Leased 8 Occupancy Occupied Property Sub Type Mixed Use Special Listing Conditions Trust Utilities Cable ConnectedElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Water Source Public

    Listing provided courtesy of Carrie Welch of Coldwell Banker/Dufour


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-29T07:28:18.73. 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