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    1223 Mangrove Ave Chico, CA 95926

    Sponsored
    For Sale
    $495,000

    Established bakery with three locations, high potential.

    Property size:
    2,826 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    343
    This exceptional business opportunity encompasses three thriving Great Harvest Bread Co. bakeries in Chico, CA, a vibrant college town. The flagship location at 1223 Mangrove Avenue boasts 2,826 square feet and features an open layout showcasing the bread-making process, creating a unique and engaging customer experience. This location, along with the Forest Avenue and Esplanade locations (details available in separate listings SN24050709 & SN24050714), are all included in this package deal. Established in 1998, these bakeries have built a loyal customer base, maintaining steady sales even amidst recent economic challenges. Each location is fully equipped with all necessary baking tools and equipment. Beyond freshly baked bread and cafГ© fare, the business offers catering services, gift baskets, and retail items. The current marketing efforts are minimal, presenting a significant opportunity for growth through increased exposure at local markets and events. Operating under a freedom franchise model with Great Harvest, the business offers support while maintaining autonomy in business decisions. This is a rare chance to acquire a well-established, multi-location bakery business in a desirable market, offering immediate income and substantial growth potential. The asking price for all three locations is $495,000.

    Property Features for 1223 Mangrove Ave

    General Information

    Property type
    Investment properties
    Square Feet
    2,826 SF

    Building Details

    Year Built
    1978
    Property Profile Location Intelligence

    Current Use by Public Records

    Great Harvest Bread Caterer

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chico
    County
    Butte
    State
    California
    Longitude
    -121.8393
    Latitude
    39.74256

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    FAQs

    What type of property is this?
    Investment property - Established bakery with three locations, high potential.
    Where is this investment property located?
    The property is located at 1223 Mangrove Ave Chico, CA.
    What is the asking price?
    The asking price for this property is $495,000.
    (530) 228-2550
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    1223 Mangrove Ave Chico, CA 95926
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    Chico, CA 95926
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

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    Cap approach

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    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1223 Mangrove Ave Chico, CA 95926
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