$139.76 Per Sq Foot $4,805 est/mo Sourced by Back At You

60 Declaration Drive,Chico, CA 95973

Chico CA, 95973

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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!

Details

MLS#SN24076812
Listing TypeFor Sale
StyleOffice Building
Building NameThe Vernon House
Sub-TypeResale
StatusActive
Year1989
Days On Site33
Listing Provided ByCentury 21 Select Real Estate, Inc. 530-345-6618 | Austin Barron

Features

SQ Feet6,404
Story(s)2
Units4
Building(s)1
ZoningOC
Acreage0.53

Market Activity 95973

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.

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Listings Checked: 7 minutes ago
StateCA
CountyButte
CityChico
Zip Code95973
Listing VS Median (in 95973)
Price:
$895,000
low | high
Med:
$3,749
100% of Average
SqFt:
6,404
low | high
Med:
4,075
86.375702685821% of Average
$ / SqFt:
$140
low | high
Med:
$1
100% of Average
On Site:
33
low | high
Med:
294.000000
11.224489795918% of Average
Sourced by Back At You
Listing Updated: May 15, 2024 at 6:35:08 PM PDT