Price$589,500
Units3
Gross scheduled income$0
Seller NOI$0
Listed cap rate—
Days on market89
Photos
Listing remarks
Great opportunity to own a mixed-use income property in a convenient central Chico location near downtown and Enloe Medical Center. This well-located, established building offers three separate units, including two commercial suites and one residential unit, making it ideal for investors or an owner-user.
The front commercial suite is currently vacant, offering flexibility for an owner-operated business or new tenant occupancy at market rates. The middle commercial suite is occupied, providing existing income, while the rear residential unit is also tenant-occupied, creating additional steady cash flow.
The property features a driveway in front plus a rear parking lot, offering valuable on-site parking for tenants, customers, or residents. A flexible layout, mixed income streams, and a highly accessible location make this a versatile property with strong potential.
Unit mix
| Unit | Count | Beds | Baths | Actual rent | Pro forma |
|---|---|---|---|---|---|
| 1 | 1 | 1 | 1 | $840 | $1,100 |
| 2 | 1 | 0 | 1 | $800 | $1,500 |
| 3 | 1 | 0 | 2 | $0 | $1,500 |
Property facts
Year built1989
Parcel006100065000
Lot11,326 SF
Building/Living area2,731 SF
HeatingCentral
CoolingCentral Air
WaterPublic
SewerPublic Sewer
Additional MLS fields
Original list price$589,500
Listing date2026-01-29
Buildings1
Water/sewer$1,200
Trash$1,436
Maintenance$1,000
Rent controlNo
Electric meters3
Gas meters3
Water meters3
LaundryWasher Hookup, Gas Dryer Hookup
Lot featuresZero To One Unit Acre, Landscaped, Near Public Transit, Paved
CommunityCurbs, Storm Drains, Street Lights, Sidewalks, Urban
FencingChain Link, Wood
ViewCity Lights
PoolNone
Senior communityNo
Last MLS update2026-04-28T21:30:06.253-00:00
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MLS attribution: Listing provided by Atrix Real Estate, Trevor White. Data source: CRMLS via Trestle / CRMLS. MLS ID SN26021816. Information is deemed reliable but not guaranteed and may change without notice.
