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195 East Shasta, Chico, CA 95973

$625K0ba · 5,267 sqft
Lot 20,473 sqft•Commercial/Residential•
Active
•13d on market•MLS# SN-26212040

Property Description

Great opportunity for an investor or owner-occupier: two well-maintained buildings on nearly half an acre, including a 1,344 SQ FT 2 bed, 2 bath home and a 3,923 SQ FT shop with a finished office, built in 1999. Priced competitively at $119/SQ FT, this property offers strong value for the combined square footage and income potential. Both buildings have a history of long-term tenancy and will be delivered vacant at close. The shop carries grandfathered commercial use rights under the current R2 (medium density residential) zoning, providing future development potential. Each unit is separately metered, both roofs were replaced in 2013, HVAC systems were replaced in 2023, and the property is served by both city sewer and CalWater.

Features & Amenities

FeeBuilt 1978

Property Details

Land Type
Fee
Year Built
1978
Property Type
Residential Income
Property Subtype
Commercial/Residential
Parking Spaces
1
Garage Spaces
1
City
Chico
Zip Code
95973
County
Butte
Listed byHarris Commercial Real Estate, Calen Chapman

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$3,160.34
Principal & Interest
Loan Amount
$500,000
Total Interest
$637,722
Total Payment Over 30 Years
$1,137,722
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

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