650 & 660 Rio Lindo Ave
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650 & 660 Rio Lindo Ave
2 Office Properties Offered at $2,549,000 in Chico, CA
Investment Highlights
- features strong, long-term leases across seven suites, making it ideal for investors.
- The property showcases pride of ownership with well-kept landscaping.
- Ample parking available for tenants and visitors.
- Predominantly occupied by dental offices, with one unit currently available for potential owner-occupancy.
- Centrally located in the heart of Chico, surrounded by other professional medical offices, enhancing its appeal and growth potential.
- Possible financing options for well-qualified buyers.
Executive Summary
This fabulous Professional Medical/Office complex has strong long-term Leases making it an ideal Investment opportunity!
With a total of Seven suites, mostly dental, this property shows pride of ownership, is nicely landscaped, and has ample
parking. There is potential for an owner-occupied investment opportunity with one unit currently available. Located in the Heart of Chico and surrounded by many other professional medical offices, this property has strength and growth potential for
your portfolio. There is potential for owner financing for well-qualified buyers.
With a total of Seven suites, mostly dental, this property shows pride of ownership, is nicely landscaped, and has ample
parking. There is potential for an owner-occupied investment opportunity with one unit currently available. Located in the Heart of Chico and surrounded by many other professional medical offices, this property has strength and growth potential for
your portfolio. There is potential for owner financing for well-qualified buyers.
Property Facts
| Price | $2,549,000 | Number of Properties | 2 |
| Price / SF | $188.13 / SF | Individually For Sale | 0 |
| Cap Rate | 6.98% | Total Building Size | 13,549 SF |
| Sale Type | Investment or Owner User | Total Land Area | 1.52 AC |
| Status | Active |
| Price | $2,549,000 |
| Price / SF | $188.13 / SF |
| Cap Rate | 6.98% |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 13,549 SF |
| Total Land Area | 1.52 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 650 Rio Lindo Ave, Chico, CA 95926 | Office | 8,748 SF | 1993 | - |
| 660 Rio Lindo, Chico, CA 95926 | Office | 4,801 SF | 1980 | - |
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650 & 660 Rio Lindo Ave
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