60 Declaration Drive Chico, California 95973, United States
The Office for Sale located at 60 Declaration Drive Chico California 95973 is currently for Sale, 60 Declaration Drive Chico California 95973 is listed for $825,000. If the property located at 60 Declaration Drive Chico California 95973 isn't what you're looking for, search California Real Estate to see other Commercial for Sale in Chico .
MLS#: SN24076812
$825,000 USD
Property features
Construction details
- Year built
- 1989
Description
Welcome to the Vernon House at 60 Declaration Drive, a distinguished two-story office building nestled in the vibrant community of Philadelphia Square. This remarkable property, constructed in 1989, offers a total of four fully occupied units. This property is an excellent fit for investors seeking a sound income-generating asset that radiates professionalism and functionality. Located in a planned development area, the property benefits from its strategic positioning close to main thoroughfares, offering easy access for commuting and business operations. With a proforma Capitalization Rate of 7.38%, and an actual of 5.05%, this building could be an appealing investment opportunity, with a stable return. Invest in your own piece of Philadelphia Square!