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Listed by Michael Donnelly • Coldwell Banker C&C Properties
$ 1,682,000
Est. payment | /mo
4,200 SqFt
$ 1,682,000
Est. payment | /mo
4,200 SqFt
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 4,200 sqft
Price per Sqft $400
MLS Listing ID CRSN24223749
HOA Y/N No
Originating Board Datashare California Regional
Lot Size 8.700 Acres
Property Description
One of the most exciting and unique real estate investment and development opportunities in recent memory. Own a leased broadcasting studio and extra development land to subdivide into larger estate home lots. Located on a stunningly beautiful country lane across the street from the Mendocino National Forest Chico Orchard, also known locally as the "Tree Farm". The offering consists of an 8.78 Acres Parcel with a 4,200 sq. ft. office studio built in 1995. Seller will lease back the studio and broadcast facilities on about two (2) acres, providing the buyer with dependable, secure income. The property is zoned RS-20 Suburban Residential with 20,000 sq. ft. minimum lot coverage, offering a possible subdivision opportunity of up to 14 large and beautiful lots. Subject Property is in the Chico City Limits. Please do not disturb Tenant!
Location
State CA
County Butte
Interior
Fireplace No
Building
Water Public
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Melanie Peterson-Katz
Partner | Lic# 00890767