Commercial Real Estate in Chico, Call 530-896-3126

505 Wall Street Chico, CA 95928

$2,695,000 Active

About the Property

Downtown location, well maintained office complex situated between 5th and 6th Streets. Great investment. Competitively priced at a 6.8% Cap rate. Based on actual rents and expenses. The individual office suites are month to month rentals, with the exception of Boys & Girls club suite 535 is a lease with 2.5% annual increases. There are 4 individual suites comprised as the following; 505 Wall st. is 4,750 Sq. Ft., 515 Wall St. is 3116 Sq. Ft. 525 Wall St. is 3,016 Sq.Ft. and 535 Wall st. is 5,027 Sq. Ft. Total Building Sq. Ft. is 15,909. Ample onsite and off site parking. Easy access and plenty of exposure.

Property Information

Size 15,909 SqFt
Price/SqFt $169
Year Built 1978
Property Type Office
Listing Number SN20029842
Listed 2/10/2020
Modified 2/10/2020
Listing Agent Ken Winslow
Listing Office Keller Williams Realty Chico Area

Property Features

# of Units Total
  • 2080
Cap Rate
  • 6.80
Total Expenses
  • 57831.00
Water Source
  • Public