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2051 Forest Ave Chico, CA 95928
1 Sqft Lot
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