165 Rio Lindo Ave Chico, CA 95926

$589,500 Active

About the Property

Great opportunity to own a mixed-use income property in a convenient central Chico location near downtown and Enloe Medical Center. This well-located, established building offers three separate units, including two commercial suites and one residential unit, making it ideal for investors or an owner-user. The front commercial suite is currently vacant, offering flexibility for an owner-operated business or new tenant occupancy at market rates. The middle commercial suite is occupied, providing existing income, while the rear residential unit is also tenant-occupied, creating additional steady cash flow. The property features a driveway in front plus a rear parking lot, offering valuable on-site parking for tenants, customers, or residents. A flexible layout, mixed income streams, and a highly accessible location make this a versatile property with strong potential.

Property Information

Size 2,731 SqFt
Price/SqFt $216
Lot Size 0.26 Acres
Year Built 1989
Property Type Residential Income
Listing Number SN26021816
Listed 1/29/2026
Modified 1/29/2026
Listing Agent Trevor White
Listing Office Atrix Real Estate
Total Building 1
Total Units 3

Property Features

# Electric Meters
  • 3
# Gas Meters
  • 3
# Water Meters
  • 3
Construction Materials
  • Stucco
Cooling
  • Central Air
Electric
  • Standard
Garage Spaces
  • 0.00
Heating
  • Central
Pool
  • None
Price Pe rUnit
  • 196500
Roofing
  • Composition
Sewer
  • Public Sewer
StoriesTotal
  • 1
Views
  • City Lights
Water Source
  • Public
Fencing
  • Chain Link
  • Wood
Community Features
  • Curbs
  • Sidewalks
  • Storm Drains
  • Street Lights
  • Urban
Utilities
  • Cable Available
  • Electricity Connected
  • Natural Gas Connected
  • Phone Connected
  • Sewer Connected