220 W East Avenue Chico, CA ^$ 11,280,000

220 W East Avenue

^$ 11,280,000

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220 W East Avenue

Chico, CA, 95926

^$ 11,280,000

Studio Baths0.0 Sq 84,550

Monthly Estimate*

^$ 74,970

Listed by Coldwell Banker C&C Properties

220 W East Avenue, Chico, CA 95926 - Image 1

220 W East Avenue, Chico, CA 95926 - Image 2

220 W East Avenue, Chico, CA 95926 - Image 3

220 W East Avenue, Chico, CA 95926 - Image 4

220 W East Avenue, Chico, CA 95926 - Image 5

220 W East Avenue, Chico, CA 95926 - Image 6

220 W East Avenue, Chico, CA 95926 - Image 7

220 W East Avenue, Chico, CA 95926 - Image 8

220 W East Avenue, Chico, CA 95926 - Image 9

Studio

Commercial Property for sale in Chico, CA

for $11,280,000. This 84,550 square foot building was built in 1990 on a lot size of 8.71.

One of the most reliable, strongest performing shopping centers in Northern California. This Town and Country Center is a proven daily needs retail asset with good, solid dependable cash flow and return on investment. Year after year, the Towne & Country Shopping Center has been nearly 100% leased, with steady, growing rents and excellent cash flow. It’s time for the next generation investors to enjoy this perfect tenant mix and great NOI. Front Pad Site up front along the busy Esplanade offers possible upside opportunity. Buyer to verify. Massive 120,000 sq. ft. Enloe Hospital Project proposed immediately next door. Save Mart, Auto Zone, and Former Boot Barn on the corner at 2539 Esplanade are NOT a part. This sale will include the following parcels: 006-530-031, 006-530-033, 006-530-038, 006-530-034, 006-530-035, 006-530-036, 006-530-037, 006-530-015.

Commercial Pending

Price

^$ 11,280,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Retail

Lot Size

8.71

Year Built

1990

Town/City

Chico

County/Region

Butte

MLS | Web ID

SN24037685

Days on Market

Features

Exterior

Lot Features StreetLevel

Water Source Public

Lot Size Area 8.71

Spa N

Building Area Total 84550.0

Lot Size Acres 8.71

Lot Size Units Acres

Lot Size Source Assessor

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

General

Year Built 1990

Property SubType Retail

County Butte

New Construction N

Property Type CommercialSale

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Pending

Directions Corner of East Ave and Esplanade

City Chico

View Y/N N

Senior Community Y/N N

Lot Size Square Feet 379407.6

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name East

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 21

Building Area Units SquareFeet

Standard Status Pending

Occupancy Type Tenant

Property Sub Type Additional Retail

Interior

Total Stories 1

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Street Suffix Avenue

Laundry Features None

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 220

* Excluded Features

List By

Coldwell Banker C&C Properties

Broker

(530) 896-3126

Phone

Affordability Calculator

$74,970

Per Month

Monthly Principal & Interest: $74,970
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Chico, CA

Average List Price ^$1,629,862

Percent of Sale Price 86%

About Chico, CA

92,365 Population

18% Since 2002

^$46,766 Median Income

32.42 Median Age

23% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/23/2024	$11,280,000		Listed Price

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220 W East Avenue, Chico, CA, 95926 is a Commercial Property for sale at $11,280,000 with 84,550 sqft and a lot size of 8.71. 220 W East Avenue is a studio with 0.0 baths and was built in 1990. The property's zip code is 95926 which is in Chico, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/31/2024. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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220 W East Avenue

Commercial Property for sale in Chico, CA

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