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Listed by Justin Nelson, CCIM • Coldwell Banker Comm. C&C Prop
$1,595,000
Est. payment /mo
3,871 SqFt
UPDATED:
01/07/2025 09:51 PM
Key Details
Property Type Commercial
Sub Type C
Listing Status Active
Purchase Type For Sale
Square Footage 3,871 sqft
Price per Sqft $412
MLS Listing ID 23-2860
Originating Board Shasta Association of REALTORS®
Year Built 2002
Lot Size 0.750 Acres
Acres 0.75
Lot Dimensions .75
Property Description
Solid Investment Opportunity - the only DMV office in Glenn County. Building is in excellent condition and a major remodel was done at their last lease renewal. The Tenant has every reason to stay in this location long term as it's located right off I-5 and the closest DMV is in Chico. Minimal management involved with tenant reimbursing for most repair expenses. Current GOI of $137,500 with 5% increases every 2 years.
Location
State CA
County Glenn
Direction Main Willows exit, left on N. Humboldt Ave
Exterior
Roof Type Composition
Building
Building Description Other, Other
Level or Stories NaN
Structure Type Other
Others
Senior Community No
Tax ID 017-330-028
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