1361 Esplanade Rd - Office FOR SALE


Chico, CA 95926
$1,250,000 USD
530-228-2550
1361 Esplanade Rd, Chico, CA for Sale
$1,250,000 USD
Office - FOR SALE
1/52
null | Request Cap Rate

1361 Esplanade Rd
Chico, CA 95926


HIGHLIGHTS

  • 3 Buildings 1 Lot
  • Office Space
  • Income Potential

OVERVIEW

THREE PROPERTIES. ONE PARCEL. ENDLESS POSSIBILITIES — RIGHT ON THE ESPLANADE! What an incredible opportunity to own three separate Chico properties on one parcel, ideally located along one of Chico’s most iconic and recognizable streets — The Esplanade! With a unique combination of residential and commercial potential, multiple buildings, flexible floor plans, and incredible visibility, this property opens the door to so many possibilities. Whether you’re looking for an investment opportunity, office space, multi-generational living, rental income, or a live/work setup, this is a property you truly have to see to appreciate. 1361 Esplanade is full of character and offers an impressive amount of space. The upstairs features three private rooms/offices, a spacious common area, and a full bathroom. Downstairs you’ll find a welcoming entry, a large front office highlighted by a beautiful curved window, an additional office with built-in bookshelves, a kitchen, two additional rooms/offices, and a half bathroom. There is even a basement providing additional usable space and storage. 121 W. 4th Avenue offers another incredibly flexible layout with multiple private offices, a full bathroom, additional half bathroom, workspace, kitchenette, dining area, open office space, and its own front entry — making it ideal for a variety of professional, creative, rental, or live/work uses. 1351 Esplanade adds even more opportunity with its own private entry, four bedrooms/rooms, kitchen, full bathroom, and two HVAC units. All of this sits in a highly visible location along The Esplanade, just minutes from Downtown Chico and surrounded by established businesses, neighborhoods, restaurants, shopping, and everything Chico has to offer. Three buildings. Multiple income streams. Residential and commercial possibilities. One incredibly rare Chico property. Whether you’re an investor, business owner, or someone with a vision for something truly unique, this is an opportunity you won’t want to miss!

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$467 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1910

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.65 AC

LAND SF

28,314 SF

ZONING

OR, Chico

APN/PARCEL ID

003-034-018-000

ASK ABOUT THIS PROPERTY

Lisa BristowPlatinum Partners Real Estate TeamMore Info
530-228-2550

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Lisa BristowPlatinum Partners Real Estate TeamMore Info
530-228-2550

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.