Homes for sale - 2051 Forest Ave, Chico, CA 95928

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Sharad Gupta

contact@trademyhome.com +1(408) 401-1003

$1,600,000

Est. payment - /mo

1 Sqft Lot

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UPDATED:

12/14/2024 06:41 PM

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRSW24249447

Originating Board California Regional MLS

Year Built 1992

Lot Size 1 Sqft

Property Description

Exceptional multi-family opportunity. Directly across from Walmart on Forest Ave. This 5 building 31 unit office complex can easily be converted to a 28 unit with clubhouse/office multi family complex. Entitlement level architectural floor plans and elevations have been completed. The office unit floor plans facilitate easy conversion to 1 bedroom units. Office Mixed Use/Office Commercial Land Use/Zoning are consistent and allow multi family and emergency housing by plot plan approval. Sixty parking spaces would give 2.14/1 parking ratio. As infill the project would be CEQA exempt. Potential GRM 9/10 would be 3.6m to 4.0m. L/O BROKER OWNED

Location

State CA

County Butte

Area 699 - Not Defined

Interior

Laundry Laundry Area

Exterior

Parking Features Other

Garage Spaces 60.0

Pool None

Building

Water District - Public

Others

Tax ID 002370059000

Special Listing Condition Not Applicable

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Listed by James Bach • Paradise Corner Realty

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Sharad Gupta

Broker | License ID: 02213637

contact@trademyhome.com

+1(408) 401-1003

5201 Great America Pkwy, Santa Clara, CA, 95054, USA

2051 Forest Ave Chico, CA 95928

Sharad Gupta

Key Details

Location

Interior

Exterior

Building

Others

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2051 Forest Ave