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Discover a piece of history that's steeped in charm and embark on an extraordinary investment opportunity. The 5712 square foot iconic brick commercial building, built in 1916, has been a beloved cornerstone of the Arco community for over a hundred years. Now, it's your chance to become a part of this rich legacy. This property is more than just a building; it's an investment opportunity with five reliable tenants already in place. Plus, two additional rooms are ready for new occupants, providing even more income potential. The current rental history is available to qualified buyers, offering peace of mind. The 1500 square foot upper room, with its awe-inspiring space, is the crown jewel of the building. It opens doors to limitless possibilities, from events and gatherings to creative enterprises and beyond. The property has been well maintained, ensuring a clean and attractive environment for tenants and patrons alike. The spacious kitchen with a serving area may be perfect for catering or culinary ventures. Additionally, there is ample rental space on the second level to further diversify your income streams. This charming and influential building offers more than just real estate; it's a piece of Arco's identity. Don't miss this opportunity. Schedule a showing today!
| DAYS ON MARKET | 194 | LAST UPDATED | 4/29/2024 |
|---|---|---|---|
| TRACT | ARCO ORIGINAL-BUTTE | YEAR BUILT | 1916 |
| COUNTY | Butte | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| Elementary School | ARCO 111EL |
|---|---|
| Jr. High School | BUTTE 111JH |
| High School | BUTTE 111HS |
| PRICE HISTORY | |
| Prior to Jan 6, '24 | $298,000 |
|---|---|
| Jan 6, '24 - Mar 4, '24 | $268,000 |
| Mar 4, '24 - Apr 29, '24 | $258,000 |
| Apr 29, '24 - Today | $219,000 |
| ADDITIONAL DETAILS | |
| BASEMENT | Crawl Space |
|---|---|
| CONSTRUCTION | Brick |
| HEAT | Electric, Forced Air, Oil |
| LOT | 7405 sq ft |
| SEWER | Public Sewer |
| STYLE | 2 Levels |
| SUBDIVISION | ARCO ORIGINAL-BUTTE |
| TAXES | 514 |
| VIEW | Yes |
| VIEW DESCRIPTION | Valley |
| WATER | Public |
| ZONING | BUTTE-COMMERCIAL |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with L P Barnes Real Estate
Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information deemed reliable but not guaranteed.
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