$1,375,000
MLS #: CH17152821

Description of 344 W 8th Street, Chico, CA 95928

Purchase/Invest in a premier .66 acre off campus student housing site with existing 6,462 sqft building ust 5 blocks from Chico State University main campus. Walking distance to Bidwell Park and the downtown with its many restaurants , bars and shopping. Property is zoned RMU with a Corridor Opportunity Site Overlay Zone with 1.08 gross acres with street frontage on three sides. The COS overlay zone allows up to 70 units per acre maximum with the RMU zoning. Maximum Height Limit of 65 feet. Off street Parking requirements are reduced by 25 percent due to its very close proximity to campus and downtown. All utilities are to the property including water, gas, electric, sewer and storm drain. Site is improved with curb, gutter and sidewalk to paved streets. 344 West 8th Street enjoys an unparalleled location to the university. Located immediately south of the university, 344 is without question located in the most coveted neighborhood. Within a few blocks to the majority of the academic centers and downtown, 344 offers an easy and short walk for its students.

Property Features of 344 W 8th Street, Chico, CA 95928

TYPE
Mixed Use
Year Built
1980
Stories
1
Acres
.64
Features
Lot acreage is: 0.6400
Lot zoned: RMU
Total square feet: 27878.00
Courtesy of: Century 21 Jeffries Lydon

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