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Listed by James Bach • Paradise Corner Realty
$ 1,600,000
Est. payment | /mo
13,800 SqFt
$ 1,600,000
Est. payment | /mo
13,800 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Pending
Purchase Type For Sale
Square Footage 13,800 sqft
Price per Sqft $115
MLS Listing ID CRSW24249447
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1992
Lot Size 1.634 Acres
Property Sub-Type Other
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
Interior
Fireplace No
Laundry Other
Building
Lot Description Other
Water Public
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Adam Shoop
Broker Associate at Exp Realty | Lic# 1782227