605 Mangrove Avenue, Chico, CA, 95926

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$1,495,000
17 Days On Site

605 Mangrove Avenue
Chico, CA 95926

For Sale|Retail|Active
0
Beds
0
Total Baths
11,392
SqFt
$131
/SqFt
2007
Built
County:
Butte
Listed by Michael Donnelly of Commercial Brokers of California mike@cbcnorcal.com
Call Now: 951-203-4426
Is this the listing for you? We can help make it yours.
951-203-4426
605 Mangrove Avenue605 Mangrove Avenue605 Mangrove Avenue605 Mangrove Avenue
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Now is your chance to invest in a first class commercial retail center at a great price. The Shops at Mangrove is a clean, modern commercial center, offering an investor an excellent return on investment (ROI). 605 Mangrove consists of two buildings (Four End Caps!) with beautifully designed architecture, both on a high traffic corner with some of the best signage in town. Currently there are five retail units for a total of 11,392 square feet. Tenants include Genkai Sushi, Green Light Fitness, Jersey Mikes and Noodle House. This is a high profile gateway corner to Downtown Chico and Chico State University, and a daily needs drive by location. The center is located across from Bidwell Park and near Chico High School, Chico Junior High School, Post Office and across from Chipotle and Safeway anchored shopping center. The Shops at Mangrove offers a town plaza feel with strolling walkways, bicycle parking and outdoor seating areas. The improvements are situated on ground-leased land, creating an opportunity to acquire a quality retail shopping center investment at a substantially lower purchase price than would typically be required for a comparable shopping center property. This structure provides an attractive lower barrier to entry for investors seeking retail real estate ownership, established tenancy and a high-profile location.

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Listing Snapshot
Price 
$1,495,000
Days On Site 
17 Days
Bedrooms 
N/A
Inside Area (SqFt) 
11,392 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.62 Acres
Year Built 
2007
MLS® Number 
SN26207812
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
2 weeks agoListing first seen on site
2 weeks agoListing updated with changes from the MLS®
General Features
Acres 
0.62
Number Of Stories 
1
Property Sub Type 
Retail
Special Circumstances 
Standard
SqFt Total 
11392
Water Source 
Public
Interior Features
Heating 
Central
Laundry Features 
None
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Exterior Features
Lot Features 
Corner Lot


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. The 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.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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