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1215 Mangrove Ave, Chico, CA, 95926
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1215 Mangrove Ave Chico, CA, 95926

$975,000 $20,000 Commercial for sale Retail

Exceptionally well-maintained commercial property on a vibrant stretch of Mangrove Ave. Between 1st and 3rd Avenues. Huge Traffic Counts! More than 21,000 vehicles per day. Thriving commercial corner. neighboring businesses include Great Harvest Bread, Popeyes Louisiana Kitchen, and Jiffy Lube. Three commercial units for a total of 6,599 Sq. Ft. Three units fully leased. Great Commercial Investment Property - 6.75% CAP RATE. Please DO NOT disturb tenants.
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Property details

6,599 sqft interior area
Land area
9,148 sqft (0.21 acres)
Days on Verhouse
129
Address
1215 Mangrove Ave, Chico, CA, 95926
City of California
Chico
County
Butte
Previous price
$995,000
Year Built
1978
District
Listing

Nearby major retailers

Costco
Lowe's
Safeway
Trader Joe's
Wholesale: 1
Do it yourself: 1
Supermarket: 2
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Listed by

Michael Donnelly, Coldwell Banker C&C Properties
Name
Michael Donnelly
License number
01429436
Brokerage company
Coldwell Banker C&C Properties
MLS #
CRSN24006766

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Calculate your monthly payments
Mortgage
$2,994
Taxes
$0
HOA dues
$0
$2,994 per month
Mortgage
$195,000 / 20%
2.28%
30 years
Your amount $2,994 / month

Lot details

TMK #003451021000
Parcel nr.
003451021000

95926 info

Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
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no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data

People living in 95926

44%
Families with children
National average: 39%
46%
Non family households
112,015
Population
$76,686
Average Income

Age & gender

Median age 31 years
More info

Commute types

83% commute by car
More info

Education level

23% have college education
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Number of employees

10% work in education and healthcare
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Vehicles available

38% have 2 vehicle
More info

Vehicles by gender

38% have 2 vehicle
More info

Housing market insights for

$457.96k
Neighborhood average
sales price*
$426.45k
Neighborhood median
sales price*
348
Number
of sales*

Housing type

56% are single detacheds
More info

Rooms

42% of the houses have 4 or 5 rooms
More info

Bedrooms

68% have 2 or 3 bedrooms
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Owners vs Renters

50% are renters
More info
12.5 / 20
Above Average
15-20
10-15
5-10
1-5
Walkability according to the National Walkability Index

Price history

Price Decrease Apr 29, 2024
Date Event Price $/sqft Source
Apr 29, 2024 Price Decrease $975,000 -2.01% 0 MLS #CRSN24006766
Feb 28, 2024 Price Decrease $995,000 -9.13% 0 MLS #CRSN24006766
Jan 11, 2024 New Listing $1,095,000 0 MLS #CRSN24006766

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Frequently Asked Questions about 1215 Mangrove Ave

What is 1215 Mangrove Ave?

1215 Mangrove Ave is a Commercial/Industrial propertywith 6,599 sqft interior space.

What is the rental income?

-

What is the full address of this Commercial?

1215 Mangrove Ave, Chico, CA, 95926.

What comparable properties are nearby?

Comparable nearby commercial properties include 1230 Esplanade, 494 E 5th St, 660 Rio Lindo Ave, 578 Rio Lindo Ave, 236 W 9th St, 10 Governors Ln.

Based on information from the bridgeMLS as of 05-18-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Listing last updated on: May 01, 2024
Verhouse Last checked 8 minutes ago


The closest grocery stores are Safeway 1651, 0.49 miles away and S&S Produce and The Butcher Shop, 0.62 miles away.
The 95926 zip area has a population of 112,015, and 44% of the families have children. The median age is 31.78 years and 83% commute by car. The most popular housing type is "single detached" and 50% is renter.
Commercial For sale $975k  $20,000 1215 Mangrove Ave, Chico, CA, 95926 Save House Remove from Saved