355 Panama Ave - Flex FOR SALE


Chico, CA 95973
$1,295,000 USD
530-228-2928
355 Panama Ave, Chico, CA for Sale
$1,295,000 USD
Flex - FOR SALE
1/57
null | Request Cap Rate

355 Panama Ave
Chico, CA 95973


HIGHLIGHTS

  • Situated on 2.3 acres in a high-traffic corridor, offering excellent visibility and access.
  • 15,000± sq. ft. church building with versatile spaces including a chapel for 300 guests, classrooms, offices, library, and conference room.
  • Ideal for religious services, community centers, schools, event venues, or redevelopment opportunities.
  • Includes a duplex with a 2 bed/1 bath unit and a 1 bed/1 bath unit—perfect for staff housing or rental income.

OVERVIEW

Exceptional opportunity to own a versatile property in a prime commercial location! This expansive 15,000± sq. ft. church facility with a duplex is situated on 2.3 acres and offers a wide range of potential uses, from continued religious services to community centers, schools, event venues, or redevelopment. Inside, the property features: A welcoming foyer and spacious chapel with seating for approximately 300 guests, multiple classroom spaces and offices ideal for educational or administrative use, a dedicated library, conference room, office space, classrooms, ADA-compliant restrooms, and flexible areas suitable for gatherings or programs. Additional property highlights include: A duplex with a 2 bed / 1 bath unit and a 1 bed / 1 bath unit- perfect for on-site staff housing or additional income, 110 parking spaces, ensuring ample room for guests or clients and excellent access in a high-traffic commercial corridor This unique property combines functionality, size, and location — making it a rare find with endless possibilities. Shown by appointment only!

FOR SALE DETAILS

PRICE

$1,295,000 USD

PRICE/SF

$77 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1946

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

OR

APN/PARCEL ID

006-510-001-000

ASK ABOUT THIS PROPERTY

Jamie EngenBidwell Realty IncMore Info
530-228-2928

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Jamie EngenBidwell Realty IncMore Info
530-228-2928

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