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60 Declaration Dr, Chico, CA, 95973
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60 Declaration Dr Chico, CA, 95973

$895,000 Commercial for sale Office

Welcome to the Vernon House at 60 Declaration Drive, a distinguished two-story office building nestled in the vibrant community of Philadelphia Square. This remarkable property, constructed in 1989, offers a total of four fully occupied units. This property is an excellent fit for investors seeking a sound income-generating asset that radiates professionalism and functionality. Located in a planned development area, the property benefits from its strategic positioning close to main thoroughfares, offering easy access for commuting and business operations. With a proforma Capitalization Rate of 6.53%, and an actual of 4.38%, this building could be an appealing investment opportunity, with a stable return. Invest in your own piece of Philadelphia Square!
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Property details

6,404 sqft interior area
Land area
23,087 sqft (0.53 acres)
Days on Verhouse
31
Address
60 Declaration Dr, Chico, CA, 95973
City of California
Chico
County
Butte
Year Built
1989
Parking Spaces
21
District
Listing

Nearby major retailers

Costco
Safeway
Trader Joe's
Wholesale: 1
Supermarket: 2
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Interior Features

21 parking places
Utilities Included
Electricity Connected, Other

Listed by

Austin Barron, Century 21 Select Real Estate, Inc.
Name
Austin Barron
License number
02082721
Brokerage company
Century 21 Select Real Estate, Inc.
MLS #
CRSN24076812

Payment calculator

Calculate your monthly payments
Mortgage
$2,748
Taxes
$0
HOA dues
$0
$2,748 per month
Mortgage
$179,000 / 20%
2.28%
30 years
Your amount $2,748 / month

Exterior Features

Stucco, Wood Siding construction and more
Construction
Stucco, Wood Siding

Lot details

TMK #006210090000
Parcel nr.
006210090000

95973 info

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

People living in 95973

44%
Families with children
National average: 39%
42%
Non family households
74,457
Population
$77,770
Average Income

Age & gender

Median age 33 years
More info

Commute types

85% commute by car
More info

Education level

22% have college education
More info

Number of employees

15% work in education and healthcare
More info

Vehicles available

38% have 2 vehicle
More info

Vehicles by gender

38% have 2 vehicle
More info

Housing market insights for

$471.79k
Neighborhood average
sales price*
$450k
Neighborhood median
sales price*
221
Number
of sales*

Housing type

56% are single detacheds
More info

Rooms

43% of the houses have 4 or 5 rooms
More info

Bedrooms

68% have 2 or 3 bedrooms
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Owners vs Renters

53% are owners
More info
11 / 20
Above Average
15-20
10-15
5-10
1-5
Walkability according to the National Walkability Index

Price history

New Listing Apr 22, 2024
Date Event Price $/sqft Source
Apr 22, 2024 New Listing $895,000 0 MLS #CRSN24076812

Taxes of 60 Declaration Dr, Chico, CA, 95973

OC zoning / MLS #CRSN24076812
Zoning
OC

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Frequently Asked Questions about 60 Declaration Dr

What is 60 Declaration Dr?

60 Declaration Dr is a Commercial/Industrial propertywith 6,404 sqft interior space.

What is the rental income?

-

What is the full address of this Commercial?

60 Declaration Dr, Chico, CA, 95973.

What comparable properties are nearby?

Comparable nearby commercial properties include 30 Declaration Dr, 10 Governors Ln, 643 W East Ave, 578 Rio Lindo Ave, 660 Rio Lindo Ave, 1230 Esplanade.

Based on information from the bridgeMLS as of 05-22-2024. 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 07, 2024
Verhouse Last checked 5 minutes ago


The closest grocery stores are PDQ Market & Deli, 0.26 miles away and Savemart, 1.11 miles away.
The 95973 zip area has a population of 74,457, and 44% of the families have children. The median age is 33.46 years and 85% commute by car. The most popular housing type is "single detached" and 53% is owner.
Commercial For sale $895k 60 Declaration Dr, Chico, CA, 95973 Save House Remove from Saved