Description

Unique investment opportunity on a deep State Highway 32 parcel in Chico. The property includes a main residence plus two detached outbuildings, offering flexibility for owner-occupants, investors, and live/work buyers. The front home is approximately 1,200 square feet and includes 2 bedrooms and 1 bathroom. It is currently configured as office space but retains kitchen and bathroom facilities and could be adapted to residential use, subject to buyer investigation. For MLS purposes, the total building area is estimated at approximately 2,500 square feet and includes the main residence, a detached two-bedroom, one-bath cottage, and an additional detached one-room structure currently occupied but without independent kitchen or bathroom facilities. The detached cottage is built on a cement foundation and is fully powered and insulated with hardwood floors and a solid structure. It has served as office space, library, guest quarters, and temporary housing. The cottage is served by the same utility meter and may share the existing septic system, although buyers should verify all utility connections, permits, and legal uses to their satisfaction. The additional detached structure has electricity and offers storage, office, workshop, or possible rental potential depending on buyer needs and applicable regulations. The long, usable lot features mature shade trees, circular driveway, ample parking, and drive-through access to the rear. Zoned commercial but offering significant residential, live/work, and income potential. The property also offers flexibility for future improvement, expansion, or redevelopment. Buyer to investigate zoning, permitted uses, square footage, unit count, utility connections, and all aspects of the property with the City of Chico and Butte County.