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$ 2,050,000
$ 2,100,000 2.4%
Est. payment | /mo
2.61 Acres Lot
$ 2,050,000
$ 2,100,000 2.4%
Est. payment | /mo
2.61 Acres Lot
Key Details
Sold Price $2,050,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SN25065324
Year Built 1982
Lot Size 2.610 Acres
Property Sub-Type Office
Property Description
A rare and highly desirable commercial property, Quail Run is a well-established landmark offering a unique blend of architectural appeal, prime location, and untapped income potential. Situated in the heart of Paradise, CA, this investment gem features an aesthetically striking building design, complete with a charming courtyard, mature landscaping, and a serene waterfall feature—elements that set it apart from typical commercial properties. With multiple units spanning A-W, Quail Run provides a diverse range of leasing opportunities. Currently leased at approximately $1 per square foot, there is room for rent growth, making it an attractive prospect for investors seeking value-add potential. The property maintains a strong tenant community, ensuring stability while leaving ample opportunity for repositioning and increased revenue. A standout feature is the main front building, which is a blank slate ready for a build-to-suit transformation. As a shell space with immense potential, it offers the flexibility to accommodate a high-end anchor tenant, medical office, retail hub, or professional suites, further maximizing cash flow. With its strategic location, unique aesthetics, and potential for higher rental yields, Quail Run presents a compelling commercial investment opportunity in a growing market. Whether expanding an existing portfolio or seeking a high-visibility asset with long-term upside, this property is ready to deliver. Don't miss the chance to capitalize on this exceptional investment!
Location
State CA
County Butte
Interior
Laundry None
Exterior
Roof Type Composition
Building
Lot Description Gentle Sloping, Landscaped
Story 2
Water Public
Others
Acceptable Financing Cash, Submit
Listing Terms Cash, Submit
Special Listing Condition Standard
Listed by Douglas Speicher Real Broker Technologies 530-680-7659
Bought with Kory Hamman Hamman Real Estate
Bought with Kory Hamman Hamman Real Estate