195 East Shasta

Chico Commercial/Residential for sale

Great opportunity for an investor or owner-occupier: two well-maintained buildings on nearly half an acre, including a 1,344 SQ FT 2 bed, 2 bath home and a 3,923 SQ FT shop with a finished office, built in 1999. Priced competitively at $119/SQ FT, this property offers strong value for the combined square footage and income potential. Both buildings have a history of long-term tenancy and will be delivered vacant at close. The shop carries grandfathered commercial use rights under the current R2 (medium density residential) zoning, providing future development potential. Each unit is separately metered, both roofs were replaced in 2013, HVAC systems were replaced in 2023, and the property is served by both city sewer and CalWater.

2 beds · 2 baths · 5,267 sq ft