2477 Forest Avenue Chico, CA 95928

$12,500,000 Active

About the Property

Bulk sale on the hard corner of Forest Avenue and Notre Dame comprised of six separate parcels. 2477 Forest Avenue is a fully leased 5-unit, 13,780 square foot strip center with a healthy Tenant mix of retail, office, and a restaurant. 2499 Forest Avenue is a fully leased stand alone 6,175 square foot building on the hard corner of Forest and Notre Dame. The four other parcels details are as followed: Vacant land - 002-190-024-000 - 1.76 acres, Vacant land - 002-260-014-000 - 0.51 of an acre, Vacant land - 002-260-015-000 - 0.51 of an acre, Vacant land - 002-260-016-000 - 0.51 of an acre - overflow parking. Heavy traffic counts of 11,500 - 13,500 cars monthly and 400 feet from one of the busiest intersections in Chico at 31,300 monthly cars. All parcels are zoned Community Commercial. Community commercial allows for mixed use developments with residential above the ground floor up to a maximum of 22 units per acre. Within a 0.5 mile from HWY 99, Home Depot, Lowe's, Raley's, Starbucks, McDonald's, Les Schwab, Ross, T.J. Maxx, Burger King, Dollar Tree, Wittmeier, America's Tire, Butte Community College, and the list could go on! Please do not disturb the Tenants.

Property Information

Size 19,955 SqFt
Price/SqFt $626
Year Built 2008
Property Type Retail
Listing Number SN21170830
Listed 8/4/2021
Modified 8/4/2021
Listing Agent Candace Andel
Listing Office Century 21 Select Real Estate, Inc.

Property Features

Water Source
  • Public
Land Use
  • Office
  • Retail
Utilities
  • Electricity Connected
  • Natural Gas Connected
  • Sewer Connected
  • Water Connected