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Listed by James Bach • Paradise Corner Realty
$1,600,000
Est. payment /mo
13,800 SqFt
Active
2051 Forest Ave Chico, CA 95928
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UPDATED:
12/15/2024 06:02 AM
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 13,800 sqft
Price per Sqft $115
MLS Listing ID SW-24249447
Year Built 1992
Lot Size 1.634 Acres
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
Zoning OC
Interior
Laundry Common Area
Exterior
Parking Features Paved, Asphalt
Pool None
Community Features Biking, BLM/National Forest, Dog Park, Golf, Hiking, Horse Trails, Mountainous, Park, Preserve/Public Land, Rural, Street Lights
Building
Lot Description Lot Over 40000 Sqft, Rectangular Lot, Sprinkler System, 16-20 Units/Acre
Sewer Public Sewer