Active

1395 Ridgewood Drive

Chico CA, 95973

$4,995,000


$245.21 per sqft

Active

20,370 sqft

Commercial

Built in 1997

Listed by Michael Donnelly with Coldwell Banker C&C Properties 530-895-1545

One of the most inspiring and prestigious properties in Northern California. This is an investment offering for the acclaimed Cal Northern School of Law complex, a beautiful Class A facility with exceptional Lease Income. The building is leased to the Law School, the United States Internal Revenue Service and a Law Firm, and the Subject Property is being positioned to allow for two more tenants and generate even greater rental income. Inquire for details. The Law School campus setting includes a beautiful entrance, spacious hallways, large high tech classrooms, elegant surroundings and even a large covered outdoor meeting space for festivities and events. The other office units are equally well appointed and are utilized by strong, solid tenants. Great commercial area surrounded by other professional, well cared for properties and businesses. Perfect opportunity for the investor who seeks a quality asset that is safe and secure, and delivers a good return on investment.

SN24046027

MLS ID

March 6, 2024

Listed

May 9, 2024

Updated

Map

1395 Ridgewood Drive
Chico CA, 95973

Interior Features

Total Stories

1


Laundry Description

None


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

2.27 Acres


Lot Features

Street Level

Other Property Details

Days on Market

30


Garage

No


View

No


County

Butte


Water Source

Public


Pool

No


Buyer Agency Compensation

2.5%

Listing Contact: 530-895-1545 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 5/9/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 5/9/2024 at 12:13 PM UTC

 

Powered byLuxury Presence