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Investment Highlights

  • Immediate access to Hwy 99
  • Zoned CC - Community Commercial
  • 79’ of frontage on East Avenue

Executive Summary

Prime Location: Nestled in the heart of a bustling commercial district, this retail property at 575 East Street offers an unbeatable location for savvy
investors looking to capitalize on a bite size investment with maximum visibility. Situated in a vibrant and sought-after area, this property presents a golden opportunity for those seeking a lucrative return on investment.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
2,500 SF
Building Class
C
Year Built
1954
Price
$503,405 CAD
Price Per SF
$201.36 CAD
Cap Rate
8.67%
NOI
$43,628 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.17
Lot Size
0.33 AC
Zoning
CC - Community Commercial
Parking
20 Spaces (8 Spaces per 1,000 SF Leased)
Frontage
79’ on East Ave

Amenities

  • Bus Line
  • Corner Lot
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100

Nearby Major Retailers

Grocery Outlet
Jpmorgan Chase & And Co
Starbucks
Orangetheory Fitness
Mod Pizza
Trader Joe's
The Habit Burger Grill
Buffalo Wild Wings
Columbia Bank
Bank of America

Property Taxes

Property Taxes

Parcel Number
007-080-062-000
Land Assessment
$137,653 CAD
Improvements Assessment
$206,480 CAD
Total Assessment
$344,133 CAD
  • Listing ID: 35954888

  • Date on Market: 2025-05-22

  • Last Updated:

  • Address: 575 East Ave, Chico, CA 95926

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