350 Salem ST, Chico, CA 95928
350 Salem ST, Chico, CA 95928
350 Salem ST, Chico, CA 95928
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$ 1,925,000
Est. payment | /mo

0.48 Acres Lot


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$ 1,925,000
Est. payment | /mo
Save

0.48 Acres Lot

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

MLS Listing ID SN26177663

HOA Y/N No

Year Built 1956

Lot Size 0.480 Acres

Property Sub-Type Office

Property Description

Priced to move! If you are an investor, the proforma returns can be strong; even with a below-market lease. Come and see this downtown Office Commercial property with a lot of flexibility. This could be an excellent owner/user opportunity or even a long-term redevelopment prospect for the right buyer. The entire project was once the home to PG&E so locals are familiar with the location which was once the customer payment center. With excellent visibility and signage, there are multiple suites in the building at 350 Salem Street that are available for sale or lease either separately or as one large space which includes a large break room, many offices and meeting spaces and several restrooms. Suites 330 and 340 total approximately 3,000 and one is currently leased; Suites 344 and 346 are estimated at approximately 1,676 sf each; and the largest Suite 350 is approximately 10,165 sf and includes an upstairs space. All suites can be purchased together totaling approximately 16,590 sf. A smaller building next door at 310 Salem is also available for lease or sale. The visibility on Salem Street is excellent with signage opportunities for each suite and access to common area restrooms. There is a lot of flexibility here for varying uses - some improvements may be necessary for particular uses. Even better ... this downtown property has an adjacent lot on-site with approximately 13 spaces exclusive to this property plus plenty of street parking and it's right across from the parking garage! *Seller financing to be considered

Location

State CA

County Butte

Interior

Heating Central

Fireplace No

Laundry None

Building

Lot Description Street Level

Story 2

Water Public

Others

Tax ID 004131013000

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Arwen Funk Main & Main Commercial 530-893-1909, DRE #01198804

Nearby Locations

Travis Breton

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(760) 470-2752

travisbreton@gmail.com

1902 Wright Place #200, Carlsbad, CA 92008, USA

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350 Salem ST

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