1538 Park Avenue

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1538 Park Avenue

Chico, CA 95928
Asking Price
$1.20M
Asset Type
Business Only Retail
Class
Class B

What's Special

Buy the business, Buy the building, or Buy BOTH!! <p><strong style="color: rgba(0, 0, 0, 1)">Rare opportunity to acquire a highly visible commercial property along Chico’s Park Avenue corridor, located on the primary route leading to the future Barbar Yard development. The property consists of two separate buildings on a large, functional lot, configured to support retail, service, and warehouse uses. The front building offers excellent street exposure and is ideal for retail or showroom space, benefiting from strong traffic counts along this k

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NOI
$80,000
Cap Rate
6.67%
DSCR
1.12
Tight
Cash-on-Cash
2.43%
Monthly Payment
$5,936.945
Annual Cash Flow
$8,756.657

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