- $995k Price
- .54 Acres
- 32 DOM
110 Independence
Fully remodeled and 100% leased. Great location in the established Philadelphia Square professional complex. Two strong and established businesses - GCI Insurance Brokers and Butte Home Health with new 3 and 5 year leases in place. Recent improvements include all new flooring, interior and exterior paint and updated lighting throughout. Ideally situated with direct Highway 99 access and ample on-site parking. Below market rents provide significant upside potential. Current gross income of $84,240/year with annual increases, providing a strong cap rate for a new investor.
Essential Information
- MLS® #SN26075929
- Price$995,000
- Bathrooms0.00
- Acres0.54
- Year Built1992
- TypeCommercial Sale
- Sub-TypeOffice
- StatusActive
Community Information
- Address110 Independence
- CityChico
- CountyButte
- Zip Code95973
Interior
- HeatingCentral
- # of Stories2
Exterior
- Lot DescriptionZeroToOneUnitAcre
Additional Information
- Date ListedApril 9th, 2026
- Days on Market32
Listing Details
- AgentCalen Chapman
- OfficeHarris Commercial Real Estate
Calen Chapman, Harris Commercial Real Estate.
Based on information from California Regional Multiple Listing Service, Inc. as of May 11th, 2026 at 9:55am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.