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    Chico Automotive Retail Opportunity Title is generated by Realmo AI

    1555 Mangrove Ave, Chico, CA 95926

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    Automotive retail property available for sale in Chico, California.

    Type:Retail
    Property size:
    18,196 SF
    Price / SF:
    $157/SF
    Added:
    Feb 23, 2026
    Days on Market:
    134
    Last Refresh:
    Jul 4 at 2:04 pm

    Property Features for 1555 Mangrove Ave

    General Information

    Standard status
    Active
    Size
    18,196 SF
    Property subtype
    Retail

    Building Details

    Year Built
    1996

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    Lee Csenar

    Listing office Hanley Investment Group

    Listing date Feb 23, 2026

    Source Crexi

    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 Hanley Investment Group

    HighLights

    • Access to Full Offering Memorandum via provided link.
    • Built in 1996.

    Overview

    This commercial property, comprising 18,196 square feet, is located in Chico, California. The property is suitable for auto shops, automotive businesses, retail spaces, and general commercial real estate purposes.

    Local Financial Insights For Retail

    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 $340.6k $18.72
    − Vacancy −$19.1k −$1.05
    EGI $321.6k $17.67
    − OpEx −$96.5k −$5.30
    NOI $225.1k $12.37
    18,196 SF · lease $18.72/SF/yr · vacancy 5.60% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $3.22M
    $2.81M – $3.75M (±1% cap)
    NOI $225,088 @ 7.0% cap · market cap 7.84%
    Second Best
    Industrial
    $1.60M
    $1.40M – $1.86M (±1% cap)
    NOI $111,796 @ 7.0% cap · market cap 3.89%
    Theoretical Best
    Office A
    $3.67M
    $3.21M – $4.29M (±1% cap)
    NOI $257,173 @ 7.0% cap · market cap 8.95%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    UPS Access Point ... Courier Service Advance Auto Parts Auto Parts Store Pep Boys (Bike/Boat/Book/etc) Store

    Suggested Use

    HVAC Service Nursing Home Restaurant Clothing & Fashion Store (Bike/Boat/Book/etc) Store Restaurant Adult Day Care Bakery Fish Market (Bike/Boat/Book/etc) Store

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

    Similar Places Nearby

    • Guido's Auto Precision — 135 W 8th Ave, Chico, CA 95926
    • Cascade Auto Glass, Inc. — 1773 Citrus Ave, Chico, CA 95926
    • New Used and Rebuilt Transmissions — 1645 esplanade, chico, ca 95926
    • Ample Towing and Recovery — 1444 Magnolia Ave, Chico, CA 95926
    • Emergency Towing And Roadside Assistance — 1410 esplanade, chico, ca 95926

    Location Insight

    • Map
    • Local Demand
    City
    Chico
    County
    Butte
    State
    California
    Longitude
    -121.8418683
    Latitude
    39.746062

    FAQs

    What type of property is this?
    Auto shop - Automotive retail property available for sale in Chico, California.
    Where is this auto shop located?
    The property is located at 1555 Mangrove Ave Chico, CA.
    What is the asking price?
    The asking price for this property is $2,872,000.
    What are key features of this property?
    This property features: Access to Full Offering Memorandum via provided link.; Built in 1996.
    More about this property
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