2424 Park Ave, Chico, CA 95928

Property Description

For Sale: Unique Park Avenue Property with Three Distinct Buildings Location: Park Avenue Property Overview: Front Building: Size: 1,220 SF Features: Prime Park Avenue frontage with excellent visibility. Includes retail space in the front window, two open rooms, and a small restroom at the rear. Can also be used as a restaurant or office space. Middle Building: Size: 1,550 SF Type: Metal and block warehouse Features: Equipped with fenced yard access and a restroom. Ideal for storage or business, warehouse, manufacturing convert it into a 2 or 3-bedroom apartment. Rear Building: Size: 630 SF Type: single-family resident Features: One bedroom, one bath, with an indoor laundry area and a large, secluded yard. Perfect for rental income or personal use, with the possibility of expanding it into a 2 or 3-bedroom home. Opportunities: Each unit has its separate utilities, including electric, gas, and sewer, water is shared Mixed-Use Potential: Utilize the front building for your business while generating rental income from the rear single-family home. On-Site Living: Live on the property and run your business from the front building, with the added convenience of the rear single-family home for personal use. Owner financing is available with 25% down, 9% interest rate for 10 years. This unique property offers versatility and value, making it an excellent investment opportunity. Don't miss out—schedule a viewing today! The property is also cross-listed in the Residential section of the MLS