1370 Ridgewood Dr , Chico, CA 95973
$3,100,000
Est. Payment: $16,909.56/mo
23525 Sqft
3.4 Acres
Status: Active | Days on site: 64
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SNCBC - CH186040019,ch157000973
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House Description

This is the definition of a "Trophy Investment"! Ridgewood Plaza presents a rare opportunity to acquire a premier, fully leased “government anchored” office investment property in one of Chico’s most established professional business neighborhoods. This immaculate and well-maintained asset offers investors a secure, stabilized income stream with a strong 6.94% Cap rate. Sleep well at night knowing you have an exceptional mix of long-term government and private-sector tenants. The property consists of three quality office buildings totaling approximately 23,525 square feet, situated on beautifully landscaped grounds with 112 on-site parking spaces. Zoned Office Mixed Use (OMU). This mature, stabilized investment is designed to provide dependable returns and peace of mind for ownership. Ridgewood Plaza is surrounded by respected professional businesses and organizations, including Chico Unified School District, Oak Bridge Academy, U.S. Social Security Administration, Morrison & Company, Victor Treatment Centers, Five Star Bank, CalNorthern School of Law, the Internal Revenue Service (IRS), and InterWest Insurance. Property Highlights: Government and private-sector tenancy. Long-term, stabilized income stream. Beautiful grounds and professional landscaping. Located in Chico’s premier commercial office corridor. Ridgewood Plaza represents a high-quality, secure investment opportunity with strong in-place cash flow, excellent tenant retention, and long-term upside in one of Northern California’s most desirable office markets.

Highlights

Listed by Michael Donnelly , 530-828-0011 and Brian Littrell , 530-514-9035 Commercial Brokers of California , 530-828-0011. CRMLS/Multi-Regional MLS mls logo

Property Type

Commercial Sale

Lot/Acreage
3.4

Year Built

1985

County

Butte

Listing ID

SN26137659

Questions about this listing?

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Interior Features

Water:Public

Exterior Features

Lot:Landscaped,Street Level,No Land Lease
Garage Capacity:112
Zoning:OMU
Principal Interest
$16,910
Taxes
$1,976

Home Price

$3,100,000

Loan Details

30 yrs
7.245%

Down Payment

20%
$620,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$16,909.56

Principal

Taxes

Principal Taxes HOA Total
Monthly $16,909.56 $1,976.25 $0.00 $18,885.81
Yearly $202,914.74 $23,715.00 $0.00 $226,629.74
Total $6,087,442.31 $711,450.00 $0.00 $6,798,892.31

Today's Rates

30 Year

7.25%

20 Year

7.27%

15 Year

6.6%

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Average Days on Market

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Market insight data is pulled from the same city as the listing being viewed (Chico, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-10-04T21:12:45.000Z

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