Back to Search
7,500 SF Chico Investment Property

135 West 8th Avenue Chico, CA 95926

Claim this Listing
For Sale
$975,000

7,500 SF commercial building in Chico, CA for sale.

Type:Commercial Sale / Mixed Use
Property size:
7,500 SF
Price / SF:
$130/SF
Added:
Feb 28, 2026
Days on Market:
133
Last Refresh:
Jul 5 at 12:44 am

Property Features for 135 West 8th Avenue

General Information

Standard status
Active
Size
7,500 SF
Property subtype
Commercial Sale / Mixed Use

Building Details

Year Built
1985

Listing office Keller Williams Realty Chico Area

Listing date Feb 28, 2026

Source Compass

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 Keller Williams Realty Chico Area


Investment Insights

Based on property information with market context.

This 7,500 SF insulated metal building in Chico, CA, presents an investment opportunity. The building is divided into two 3,750 SF suites, each containing an office and a bathroom. The property is fully leased with long-term tenants. Guido’s Auto Precision has operated out of the rear suite since the building was constructed in 1985. Fusion Fitness occupies the front suite and has assigned parking. The building features a glass storefront on the street side and high visibility. Its location is just off the Esplanade in a commercial corridor.

Key Highlights

  • Fully leased with long‑term tenants, providing immediate income.
  • Located in a well‑established commercial corridor with high visibility.
  • Two 3,750 SF suites offer flexibility.

Local Financial Insights For Mixed Use

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $144.0k $19.20
− Vacancy −$8.6k −$1.15
EGI $135.4k $18.05
− OpEx −$50.8k −$6.77
NOI $84.6k $11.28
7,500 SF · lease $19.20/SF/yr · vacancy 6.00% · expense 37.50%

Alternative Uses

Best Use
Retail
$1.33M
$1.16M – $1.55M (±1% cap)
NOI $92,776 @ 7.0% cap · market cap 9.52%
Second Best
Mixed Use
$1.21M
$1.06M – $1.41M (±1% cap)
NOI $84,600 @ 7.0% cap · market cap 8.68%
Theoretical Best
Office A
$1.51M
$1.33M – $1.77M (±1% cap)
NOI $106,001 @ 7.0% cap · market cap 10.87%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Fusion Health & Fitness Gym & Fitness Center Guido's Auto Precision Auto Repair Shop

Suggested Use

HVAC Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Grocery & Convenience Store Florist Carpet & Flooring Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Pet Store Tanning Salon

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

FAQs

What type of property is this?
Mixed-use property - 7,500 SF commercial building in Chico, CA for sale.
Where is this mixed-use property located?
The property is located at 135 West 8th Avenue Chico, CA.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Fully leased with long‑term tenants, providing immediate income.; Located in a well‑established commercial corridor with high visibility.; Two 3,750 SF suites offer flexibility.
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message