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23,525 sqft

$3,100,000

1370 Ridgewood Drive, Chico CA, 95973

Price per sqft$131.77
Built in1985
Property size23,525 sqft
Property typeCommercial

Overview

Active

Listed Jun 24, 2026

Updated Aug 27

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.

Additional information

MLS® ID
SN26137659

Interior Features

Heating
Yes
Basement
No

Exterior Features

Lot Size
3.4 Acres

Listed by Michael Donnelly, Commercial Brokers of California, CA DRE 01429436

Listing Contact: 530-828-0011 

Based on information from the CRISNet MLS as of 8/27/2026, 5:56 PM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The 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.

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