230 W 2nd St Chico, CA 95928

Building Details

Year Built

1906

Listing Agency Keller Williams Realty Chico Area a***@kw.com Show Phone

Listed by Alisha Simpkins · License #01772692 Show Phone

Source Elliman

Added: Mar 11 Checked: Jul 17 at 3:34 am

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Investment Insights

Based on property information with market context.

The El Rey Theater, formerly known as the Majestic Theatre, The National, and The American, is available for purchase. This historic theater has a long tradition of film screenings and performances. Originally commissioned by the Chico Elks Lodge in the Spring of 1903, it first opened in 1906 as the home of the Chico Elks Lodge 423. The first floor was leased to the Majestic Theatre Company, which opened The Majestic Theater in Spring 1906. In 2017, the current owners began renovating and restoring the theater, investing in new sound, lighting, and a high-definition LED video wall production. The El Rey has become a popular performance and event venue, and further renovations could expand income potential. The property includes two additional street-facing suites, one currently configured as a food and beverage store and the other as a retail store, providing additional income opportunities. The El Rey Theater has served as a community performance and cinema space for the city of Chico and as a historic landmark in the downtown cityscape.

Key Highlights

• Historic El Rey Theater: A landmark property with a rich history.
• State‑of‑the‑Art Upgrades: Renovated in 2017 with new sound, lighting, and a high‑definition LED video wall.
• Income Potential: El Rey Theater as a performance/event venue offers potential for expanded income.

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FAQs

What type of property is this?

Theater & concert hall - Chico's historic El Rey Theater, a landmark entertainment venue.

Where is this theater & concert hall located?

The property is located at 230 W 2nd St Chico, CA.

What is the asking price?

The asking price for this property is $1,950,000.

What are key features of this property?

This property features: Historic El Rey Theater: A landmark property with a rich history.; State‑of‑the‑Art Upgrades: Renovated in 2017 with new sound, lighting, and a high‑definition LED video wall.; Income Potential: El Rey Theater as a performance/event venue offers potential for expanded income.