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344 W 8Th St

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Purchase/Invest in a premier .66 acre off campus student housing site with existing 6,462 sqft building ust 5 blocks from Chico State University main campus. Walking distance to Bidwell Park and the downtown with its many restaurants , bars and shopping. Property is zoned RMU with a Corridor Opportunity Site Overlay Zone with 1.08 gross acres with street frontage on three sides. The COS overlay zone allows up to 70 units per acre maximum with the RMU zoning. Maximum Height Limit of 65 feet. Off street Parking requirements are reduced by 25 percent due to its very close proximity to campus and downtown. All utilities are to the property including water, gas, electric, sewer and storm drain. Site is improved with curb, gutter and sidewalk to paved streets. 344 West 8th Street enjoys an unparalleled location to the university. Located immediately south of the university, 344 is without question located in the most coveted neighborhood. Within a few blocks to the majority of the academic centers and downtown, 344 offers an easy and short walk for its students.
Directions: CORNER OF 7TH ST AND NORMAL
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Address: 344 W 8Th St Asking Price: $1,375,000
Unit #: Year Built: 1980
Cross Street: Total Bldg: 1
City: Chico Total Units: 0
State: California Floors: 1
Zip: 95928 Apx SqFt: 6,462
County: Butte Price/SqFt: $212.78
AP #: 004-281-002-000 Acres:
.64
Assessor
Property Type: Commercial Sale Land Use:
Sub Type: Mixed Use Office Class:
Status: Active Entry Level:
Sale Type: Standard Additional Parcels: No
Zoning:
RMU
# Units Leased: 0
Building Name: Occupancy:
Building Status: Existing Investment Prop:
Current Use: # of Tenants: 0
Builder's Name: Anchors/CoTenants:
Park Name: Signage:
Topography: Laundry Equipment:
Annual Expense Info Annual Operating Info
Expense Year: 0 Vacancy Allow $: $
Real Estate Tax: $ Vacancy Allow %: 0
Person Prop Tax: $ Gross Sch Rents: $
Electric: $ Laundry Income: $
Water/Sewer: $ Other Income: $
Trash: $ Annual OE: $
Building: $ Effective Gross: $
Legal/Accounting: $ NOI: $
Advertising: $    
Insurance: $ General Financial Info
Prof. Mgmt: $ Accounting Type:
Maintenance: $ Cap Rate: 0
Resident Mgr: $ Financing Available:
Supplies: $ Tax Rate:
Other Expense: $ Property Tax: $
Total Expenses: $ Property Tax Year: 0
Reserves: $ Total Monthly Rent: $
Listing Date: 7/6/2017 Original Price: $1,375,000
Today's Date: 11/18/2017 Price Change: $
Days Listed: 135 Current Price: $1,375,000
Feel free to ask for more information, showings, or an objective opinion of value for any property.

I have decades of experience selling commercial real estate here in Chico and my team and I are ready to go to work for you. So bring your questions or showing requests when you're ready!

Susie Stephens
Owner, Broker, Realtor
Chico Real Estate, Inc.
1250 East Ave. Chico, Ca
530-898-1250
Contact us
Features
Utilities Water Electricity
- Public

 
Heating Cooling Security
Building Features Construction Materials Roofing
Lot Features Business Type Industrial Type
- 0-1 Unit/Acre
Laundry Fencing Terms
- None
Square Footage Parking
Office SqFt # of Parking Spaces 0
Retail SqFt # of Carport Spaces 0
Industrial SqFt # of Uncovered Spaces: 0
Largest Contigious SqFt Total Parking Spaces 0
High Tech Flex SqFt Parking Ratio
Price Includes Price Excludes Clearance
Listing Updates
Update Old Value New Value Price Change Date Time
List Date 7/6/2017
Entered in MLS 7/6/2017
19 new photos 0 19 7/6/2017 10:41 AM
Status Active Expired 10/7/2017 6:00 AM
Status Expired Active 11/9/2017 9:38 AM
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Information provided to the MLS courtesy of Aguilar, Jim of Century 21 Jeffries Lydon.

Please verify all information before relying on it. There may be a difference between actual and provided information. Based on information from California Regional Multiple Listing Service, Inc. as of November 09, 2017.
This listing at 344 W 8Th St, Chico, California 95928, was last changed by the listing agent and consequently updated here on: November 16, 2017. All commercial real estate and MLS data were last updated here on chicorealestate.net on: November 18, 2017 11:15 AM.