Listing provided courtesy of Calen Chapman of Harris Commercial Real Estate. Last updated 2026-04-23 08:34:56.000000. Listing information © 2026 CRMLS.
Asking Price: $995,000
110 Independence, Chico CA 95973
Community:
Status: Active
This Office property was built in 1992 and is priced at $995,000. Please see the additional details below.
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.
