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150 Amber Grove Drive

Chico, CA 95973
  • $900,000
  • STATUS: Active
  • ON SITE: 54 Days
  • ID#: SN21249028
UPDATED: 17 min ago
$900,000
  • 0
    BEDS
  • 0.43
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
2006
County:

School Ratings & Info

Listing Agent(s): Brandon Harris of Harris Commercial Real Estate (530-419-1600)


Description

Excellent opportunity for an investor or owner/user in this 100% leased multi-tenant building in the Amber Grove Office Complex. Located at the main entrance to the six-building complex, this well maintained office building consists of four separate suites ranging in size from 989 to 1,132 square feet, each with separate entrances. This building and complex have great rental and occupancy history, with a solid mix of professional office users. Currently three of the four tenants are on month-to-month leases, two of which have been in the building for 6 and 14 years. This provides the possibility of either extending terms with the existing tenants, or of occupying a portion of the building as an owner/user while retaining tenants in the remainder of the building. Each unit has multiple offices, private bathrooms, and great natural light. There is a large common parking area with well-kept mature landscaping. POA dues are approximately $258/Month and cover the common area landscape, lighting, parking areas, irrigation, and waste. All information contained herein is from sources deemed reliable, we do not, however, guarantee its accuracy. Buyer to verify all information.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-01-24T12:27:20.287. 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 Ivan and Maria | Real Estate One. Licensed in the State of California, USA.
www.ivanandmaria.com/homes/123622564
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150 Amber Grove Drive Chico, CA 95973

  • Price: $900,000
  • Status: Active
  • On Site: 54 Days
  • Updated: 17 min ago
  • ID#: SN21249028
0
Beds
0
Baths
0
½ Baths
0.43
Acres
2006
Built
County:
Butte
Property Description
Excellent opportunity for an investor or owner/user in this 100% leased multi-tenant building in the Amber Grove Office Complex. Located at the main entrance to the six-building complex, this well maintained office building consists of four separate suites ranging in size from 989 to 1,132 square feet, each with separate entrances. This building and complex have great rental and occupancy history, with a solid mix of professional office users. Currently three of the four tenants are on month-to-month leases, two of which have been in the building for 6 and 14 years. This provides the possibility of either extending terms with the existing tenants, or of occupying a portion of the building as an owner/user while retaining tenants in the remainder of the building. Each unit has multiple offices, private bathrooms, and great natural light. There is a large common parking area with well-kept mature landscaping. POA dues are approximately $258/Month and cover the common area landscape, lighting, parking areas, irrigation, and waste. All information contained herein is from sources deemed reliable, we do not, however, guarantee its accuracy. Buyer to verify all information.
Exterior Features

Lot Features Near Public Transit

Property Features

Additional Parcels YN No Builder Name Stornetta Cap Rate 5.5 Common Interest Planned Development Gross Scheduled Income 66216 Land Lease YN No Laundry Features None Listing Agreement Exclusive Right To Sell Net Operating Income 49709 Number Of Units Leased 4 Operating Expense 16500 Property Sub Type Office Special Listing Conditions Standard Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-01-24T12:27:20.287. 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 Ivan and Maria | Real Estate One. Licensed in the State of California, USA.
 
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Ivan and Maria | Real Estate One
3400 Central Ave Suite 325
Riverside CA, 92506
Listing Agent(s): Brandon Harris of Harris Commercial Real Estate (530-419-1600)