165 Rio Lindo AveChico, CA 95926

Description

Great opportunity to own a mixed-use income property in a convenient central Chico location near downtown and Enloe Medical Center. This well-located, established building offers three separate units, including two commercial suites and one residential unit, making it ideal for investors or an owner-user. The front commercial suite is currently vacant, offering flexibility for an owner-operated business or new tenant occupancy at market rates. The middle commercial suite is occupied, providing existing income, while the rear residential unit is also tenant-occupied, creating additional steady cash flow. The property features a driveway in front plus a rear parking lot, offering valuable on-site parking for tenants, customers, or residents. A flexible layout, mixed income streams, and a highly accessible location make this a versatile property with strong potential.

Property Information

Property type

Commercial Sale

Sub-type

Mixed Use

Year built

1989

Stories

1

Building area

2,731 Sq Ft

Lot size

0.26 acres

Days on market

244

MLS^® Listing#

SN26021785

Property Features

Cooling

Central Air

Heating

Central

Laundry

Washer Hookup · Gas Dryer Hookup

Fencing

Chain Link · Wood

Lot features

Landscaped · Near Public Transit · Paved

Construction

Stucco

Utilities

Cable Available · Electricity Connected · Natural Gas Connected · Phone Connected · Sewer Connected

Water source

Public

Parcel number

006100065000

Directions

From Esplanade, turn onto Rio Lindo Ave and continue to 165 Rio Lindo. Property will be on the right.