1020 Main St Chico, CA 95928
Fully leased restaurant in downtown Chico with parking.
Type:Commercial
Property size:
2,000 SF- Added:
- Apr 11, 2026
- Days on Market:
- 19
- Last Refresh:
- Apr 11 at 6:32 am
Property Features for 1020 Main St
General Information
- Standard status
- Active
- Size
- 2,000 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1945
Listing agent Brandon Harris License #01318261 (530) 419-1600
Listing office Harris Commercial Real Estate (530) 419-1600
Listing date Apr 11, 2026
Source Elliman
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Harris Commercial Real Estate
Overview
Leased Restaurant Investment Opportunity
This is an opportunity to acquire a fully leased restaurant investment property in downtown Chico. The property, located at 1020 Main Street, is approximately 2,000 square feet and is leased to Carnitas El Rincon, a 22-unit Mexican Restaurant operator. The lease is for 5 years, commencing May 1, 2025, with annual rent increases. The property benefits from its history as a longstanding restaurant location, offering visibility and established restaurant use in one of Chico’s recognizable commercial corridors. The property also features a rear patio/storage area and a large private parking lot. Recent improvements include new interior and exterior paint, updated flooring, upgraded lighting, a new electrical panel, and a new roof with warranty. Landlord responsibility is limited to the roof, foundation, and structural elements of the premises, while the tenant is responsible for all utilities and day-to-day premises and mechanical maintenance obligations. The location has a bike score of 74, indicating it is very bikeable, and a walk score of 71, indicating it is very walkable.
Location Intelligence
Current Use by Public Records
Tres Marias Restaurant
Restaurant
Location Insight
- Map
- Local Demand
- City
- Chico
- County
- Butte
- State
- California
- Longitude
- -121.8338522
- Latitude
- 39.7247075
Nearby Similar for Sale
FAQs
What type of property is this?
Conventional restaurant - Fully leased restaurant in downtown Chico with parking.
Where is this conventional restaurant located?
The property is located at 1020 Main St Chico, CA.
What is the asking price?
The asking price for this property is $390,000.
What are key features of this property?
This property features: Fully leased to Carnitas El Rincon, a 22‑unit Mexican restaurant operator, with a 5‑year lease commencing May 1, 2025, providing immediate income.; New roof with warranty and recent significant building improvements including interior/exterior paint, flooring, lighting, and electrical panel.; Low‑management investment with limited landlord responsibilities.
