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$1,682,000

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8.7 Acres Lot

New

2654 Cramer LN Chico, CA 95928

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Nathan King Real Estate Group

info@kingrealestate.group +1(559) 396-0000

UPDATED:

11/01/2024 07:17 PM

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

MLS Listing ID SN24223749

HOA Y/N No

Lot Size 8.700 Acres

Property Description

One of the most exciting and unique real estate investment and development opportunities in recent memory. Own a leased broadcasting studio and extra development land to subdivide into larger estate home lots. Located on a stunningly beautiful country lane across the street from the Mendocino National Forest Chico Orchard, also known locally as the "Tree Farm".
The offering consists of an 8.78 Acres Parcel with a 4,200 sq. ft. office studio built in 1995. Seller will lease back the studio and broadcast facilities on about two (2) acres, providing the buyer with dependable, secure income. The property is zoned RS-20 Suburban Residential with 20,000 sq. ft. minimum lot coverage, offering a possible subdivision opportunity of up to 14 large and beautiful lots. Subject Property is in the Chico City Limits. Please do not disturb Tenant!

Location

State CA

County Butte

Rooms

Ensuite Laundry None

Interior

Laundry Location None

Fireplace No

Laundry None

Building

Lot Description Level, Trees

Story 1

Water Public

Others

Tax ID 004030086000

Special Listing Condition Standard

Listed by Michael Donnelly • Coldwell Banker C&C Properties • 530-828-0011

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Nathan King Real Estate Group

Broker | License ID: 01878277

+1(559) 396-0000

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