1215 Mangrove Avenue

Chico, CA 95926

PRICE REDUCED

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-$120,000 (-10.96%)

$975,000

List Price

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1978

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Property Description

Exceptionally well-maintained commercial property on a vibrant stretch of Mangrove Ave. Between 1st and 3rd Avenues. Huge Traffic Counts! More than 21,000 vehicles per day. Thriving commercial corner. neighboring businesses include Great Harvest Bread, Popeyes Louisiana Kitchen, and Jiffy Lube. Three commercial units for a total of 6,599 Sq. Ft. Three units fully leased. Great Commercial Investment Property - 6.75% CAP RATE. Please DO NOT disturb tenants.

Listing Information

List Price $975,000
Status Active
MLS SN24006766
Type Commercial
Subtype Retail
Year Built 1978
Lot Size 9,148
Structure Size N/A
DOM 242
Courtesy Of Coldwell Banker C&C Properties
Listing Agent Michael Donnelly DRE#01429436
Co-Listing Agent Barbara Weibel DRE#01095047

Interior Features

Laundry Information
Location(s) None
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Exterior Information

Maps

Listing information courtesy of: Michael Donnelly, Barbara Weibel, Coldwell Banker C&C Properties . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:21 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.