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Owner-Occupier Opportunity 20 Independence Cir 5,760 SF 100% Leased Office Building Chico, CA 95973 $695,000 ($120.66/SF)



Investment Highlights
- Owner-Occupier or Investment Opportunity
- Quick access from Hwy 99
- New Roof Installed in 2025
- Great Location in an Established Business Park
- Functional Floorplan
Executive Summary
Great opportunity for an owner-user seeking a well-maintained, strategically located asset. Professional office building located at the entrance to Philadelphia Square, offering excellent visibility and accessibility. The property is surrounded by a strong mix of established professional and service-oriented businesses, with convenient access to Highway 99. Features include ample on-site parking, a functional floorplan, and a new roof completed in 2025.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
5,760 SF
Building Class
B
Year Built
1986
Price
$695,000
Price Per SF
$120.66
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,880 SF
Building FAR
0.30
Lot Size
0.43 AC
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Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 006-210-060-000 | Improvements Assessment | $625,000 |
| Land Assessment | $125,000 | Total Assessment | $750,000 |
Property Taxes
Parcel Number
006-210-060-000
Land Assessment
$125,000
Improvements Assessment
$625,000
Total Assessment
$750,000
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Owner-Occupier Opportunity | 20 Independence Cir
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