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!
MLS# | SN24223749 |
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Listing Type | For Sale |
Style | Office Building |
Sub-Type | Resale |
Status | Active |
Days On Site | 13 |
Listing Provided By | Coldwell Banker C&C Properties 530-895-1545 | Michael Donnelly |
SQ Feet | 4,200 |
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Story(s) | 1 |
Acreage | 8.70 |
State | CA |
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County | Butte |
City | Chico |
Zip Code | 95928 |
Listing VS Median (in 95928) | |
Price: $1,682,000 low | high Med: $499,900 SqFt: 4,200 low | high Med: 2,163 $ / SqFt: $400 low | high Med: $231 On Site: 13 low | high Med: 42.000000 |