2051 Forest Ave new Save Request In-Person Tour Request Virtual Tour
Chico,CA 95928
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