2051 Forest Ave Active Save Request In-Person Tour Request Virtual Tour
Chico,CA 95928
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 13,800 sqft
Price per Sqft $115
MLS Listing ID CRSW24249447
HOA Y/N No
Year Built 1992
Lot Size 1.634 Acres
Acres 1.63
Property Description
Exceptional multi-family opportunity. Directly across from Walmart on Forest Ave. This 5 building 31 unit office complex can easily be converted to a 28 unit with clubhouse/office multi family complex. Entitlement level architectural floor plans and elevations have been completed. The office unit floor plans facilitate easy conversion to 1 bedroom units. Office Mixed Use/Office Commercial Land Use/Zoning are consistent and allow multi family and emergency housing by plot plan approval. Sixty parking spaces would give 2.14/1 parking ratio. As infill the project would be CEQA exempt. Potential GRM 9/10 would be 3.6m to 4.0m. L/O BROKER OWNED
Location
State CA
County Butte
Area Listing
Zoning OC
Interior
Fireplace No
Laundry Other
Building
Lot Description Other
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 002370059000