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1395 Ridgewood Dr, Chico, CA, 95973
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1395 Ridgewood Dr Chico, CA, 95973

$4,995,000 Commercial for sale Office

One of the most inspiring and prestigious properties in Northern California. This is an investment offering for the acclaimed Cal Northern School of Law complex, a beautiful Class A facility with exceptional Lease Income. The building is leased to the Law School, the United States Internal Revenue Service and a Law Firm, and the Subject Property is being positioned to allow for two more tenants and generate even greater rental income. Inquire for details. The Law School campus setting includes a beautiful entrance, spacious hallways, large high tech classrooms, elegant surroundings and even a large covered outdoor meeting space for festivities and events. The other office units are equally well appointed and are utilized by strong, solid tenants. Great commercial area surrounded by other professional, well cared for properties and businesses. Perfect opportunity for the investor who seeks a quality asset that is safe and secure, and delivers a good return on investment.
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Property details

20,370 sqft interior area
Land area
98,881 sqft (2.27 acres)
Days on Verhouse
64
Address
1395 Ridgewood Dr, Chico, CA, 95973
City of California
Chico
County
Butte
Year Built
1997
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 #
CRSN24046027

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Calculate your monthly payments
Mortgage
$15,336
Taxes
$0
HOA dues
$0
$15,336 per month
Mortgage
$999,000 / 20%
2.28%
30 years
Your amount $15,336 / month

Lot details

TMK #015020037000
Parcel nr.
015020037000

95973 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 95973

44%
Families with children
National average: 39%
43%
Non family households
112,015
Population
$76,686
Average Income

Age & gender

Median age 32 years
More info

Commute types

84% 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
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Vehicles by gender

38% have 2 vehicle
More info

Housing market insights for

$449.16k
Neighborhood average
sales price*
$440k
Neighborhood median
sales price*
264
Number
of sales*

Housing type

56% are single detacheds
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Rooms

43% of the houses have 4 or 5 rooms
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Bedrooms

68% have 2 or 3 bedrooms
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Owners vs Renters

52% are owners
More info
8.67 / 20
Below Average
15-20
10-15
5-10
1-5
Walkability according to the National Walkability Index

Price history

New Listing Mar 6, 2024
Date Event Price $/sqft Source
Mar 6, 2024 New Listing $4,995,000 0 MLS #CRSN24046027

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Frequently Asked Questions about 1395 Ridgewood Dr

What is 1395 Ridgewood Dr?

1395 Ridgewood Dr is a Commercial/Industrial propertywith 20,370 sqft interior space.

What is the rental income?

-

What is the full address of this Commercial?

1395 Ridgewood Dr, Chico, CA, 95973.

What comparable properties are nearby?

Comparable nearby commercial properties include 650 Rio Lindo Ave, 265 Boeing Avenue 651 Thunderbolt St, 605 Mangrove Ave, 225 Main St, 2812 Hegan Ln, 250 Airport Pkwy.

Based on information from the bridgeMLS as of 05-08-2024. 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: Apr 05, 2024
Verhouse Last checked 5 minutes ago


The closest grocery stores are Trader Joe's, 1.12 miles away and Safeway, 1.22 miles away.
The 95973 zip area has a population of 112,015, and 44% of the families have children. The median age is 32.99 years and 84% commute by car. The most popular housing type is "single detached" and 52% is owner.
Commercial For sale $5m 1395 Ridgewood Dr, Chico, CA, 95973 Save House Remove from Saved