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$1,682,000
Est. payment /mo
8.7 Acres Lot
UPDATED:
12/05/2024 05:09 AM
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
MLS Listing ID SN24223749
HOA Y/N No
Lot Size 8.700 Acres
Property Description
One of the most exciting and unique real estate investment and development opportunities in recent memory. Own a leased broadcasting studio and extra development land to subdivide into larger estate home lots. Located on a stunningly beautiful country lane across the street from the Mendocino National Forest Chico Orchard, also known locally as the "Tree Farm".
The offering consists of an 8.78 Acres Parcel with a 4,200 sq. ft. office studio built in 1995. Seller will lease back the studio and broadcast facilities on about two (2) acres, providing the buyer with dependable, secure income. The property is zoned RS-20 Suburban Residential with 20,000 sq. ft. minimum lot coverage, offering a possible subdivision opportunity of up to 14 large and beautiful lots. Subject Property is in the Chico City Limits. Please do not disturb Tenant!
The offering consists of an 8.78 Acres Parcel with a 4,200 sq. ft. office studio built in 1995. Seller will lease back the studio and broadcast facilities on about two (2) acres, providing the buyer with dependable, secure income. The property is zoned RS-20 Suburban Residential with 20,000 sq. ft. minimum lot coverage, offering a possible subdivision opportunity of up to 14 large and beautiful lots. Subject Property is in the Chico City Limits. Please do not disturb Tenant!
Location
State CA
County Butte
Interior
Fireplace No
Laundry None
Building
Lot Description Level, Trees
Story 1
Water Public
Others
Tax ID 004030086000
Special Listing Condition Standard
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Listed by Michael Donnelly • Coldwell Banker C&C Properties • 530-828-0011