Chico Rescue Mission - 2612 Esplanade

2612 Esplanade
Chico
CA
95973
Selling Price: 
$8,000,000
Selling Price Per Sq. Ft.: 
$39.42per Sq. Ft.
Listing Price: 
$900,000
Listing Date: 
December 11, 2015
Days on Market: 
36Days
Location: 
APN: 
006-054-008
Asset Class: 
Year Built: 
1962
Building Sq. Ft.: 
20,294Sq. Ft.
Close of Escrow Date: 
December 20, 2015
Acres: 
2.27Acres
Listing Agent: 
Mike Donnelly - Coldwell Banker Commercial
Selling Agent: 
Mike Donnelly - Coldwell Banker Commercial

Formerly The Well Ministry changed to Chico Resuce Ministry formed to purchase the facility on behal of the current tenant.  Public MLS comments:

Residential Facility
Former senior care facility now a transitional treatment center ministry and shelter for recovery. Scenic grounds and charming architecture on a great corner lot with good frontage along The Esplanade. Half a block away from the new Lassen View Promenade Retail Center with CVS Pharmacy and Great Harvest Bread Company. Many uses - Best suited for new senior housing or multi-family residential development, which both require a use permit. Currently allows for 90 residents. Any entity formed to allow The Well Ministry to remain on the property is excluded from receiving any brokerage commissions.