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Listed by Trevor White • Atrix Real Estate
$589,500
Est. payment /mo
2,731 SqFt
Active
165 Rio Lindo Ave Chico, CA 95926
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Key Details
Property Type Single Family Home
Sub Type Commercial/Residential
Listing Status Active
Purchase Type For Sale
Square Footage 2,731 sqft
Price per Sqft $215
MLS Listing ID SN-26021816
Year Built 1989
Lot Size 0.260 Acres
Property Sub-Type Commercial/Residential
Source California Regional Multiple Listing Service (CRMLS)
Property Description
Great opportunity to own a mixed-use income property in a convenient central Chico location near downtown and Enloe Medical Center. This well-located, established building offers three separate units, including two commercial suites and one residential unit, making it ideal for investors or an owner-user.
The front commercial suite is currently vacant, offering flexibility for an owner-operated business or new tenant occupancy at market rates. The middle commercial suite is occupied, providing existing income, while the rear residential unit is also tenant-occupied, creating additional steady cash flow.
The property features a driveway in front plus a rear parking lot, offering valuable on-site parking for tenants, customers, or residents. A flexible layout, mixed income streams, and a highly accessible location make this a versatile property with strong potential.
The front commercial suite is currently vacant, offering flexibility for an owner-operated business or new tenant occupancy at market rates. The middle commercial suite is occupied, providing existing income, while the rear residential unit is also tenant-occupied, creating additional steady cash flow.
The property features a driveway in front plus a rear parking lot, offering valuable on-site parking for tenants, customers, or residents. A flexible layout, mixed income streams, and a highly accessible location make this a versatile property with strong potential.
Location
State CA
County Butte
Interior
Heating Central
Laundry Gas Dryer Hookup, Washer Hookup
Exterior
Pool None
Community Features Curbs, Sidewalks, Storm Drains, Street Lights, Urban
Utilities Available Sewer Connected, Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected
View Y/N Yes
View City Lights
Building
Lot Description Landscaped, Near Public Transit, Paved, 0-1 Unit/Acre
Sewer Public Sewer
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