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Key Details
Sold Price $1,950,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Square Footage 15,095 sqft
Price per Sqft $129
MLS Listing ID SN21143166
Sold Date 07/24/23
HOA Y/N No
Year Built 1976
Annual Tax Amount $23,397
Tax Year 2019
Lot Size 1.260 Acres
Acres 1.26
Property Description
Back on Market due to no fault of Seller. Office Investment Opportunity with solid CAP Rate, and recent 3 year Lease Extension in place. Currently occupied by PG&E, as the sole tenant, for the last 30 years +/-, the Subject Property is a well maintained, recently updated (i.e. new roof/gutters, HVAC upgrade, and extensive interior remodel. Total cost of improvements was approx. $500k, over the last 36 Months), single story office building, with ample parking, and fenced/secure yard space, for parking the PG&E work trucks/rigs overnight.
Location
State CA
County Butte
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Heating Central
Cooling CentralAir
Fireplace No
Laundry None
Exterior
Fence ChainLink
Utilities Available ElectricityConnected, NaturalGasConnected, PhoneConnected, SewerConnected, WaterConnected
Roof Type Composition
Total Parking Spaces 70
Building
Lot Description Landscaped, NearPublicTransit, Paved, RectangularLot, SprinklerSystem, StreetLevel
Story 1
Water Public
Others
Tax ID 006250007000
Security Features ClosedCircuitCameras,SmokeDetectors,SecurityLights
Acceptable Financing Cash, CashtoNewLoan
Listing Terms Cash, CashtoNewLoan
Financing Cash
Special Listing Condition Standard, Trust
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Bought with Brian Littrell • Coldwell Banker C&C Properties
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