Iconic Bar and Restaurant
177 E 2nd St, Chico, CA 95928
Call to check price and availability
Downtown Chico bar and restaurant with real estate for sale.
Type:Business for Sale, Retail
Property size:
3,504 SFPrice / SF:
$356/SF- Added:
- Feb 26, 2026
- Days on Market:
- 76
- Last Refresh:
- Mar 17 at 1:17 pm
Property Features for 177 E 2nd St
General Information
- Standard status
- Active
- Size
- 3,504 SF
- Property subtype
- Business for Sale, Retail
Building Details
- Year Built
- 1885
Listing agent Kimberly Shaffer License #01415693
Listing office Century 21 Select Real Estate Chico (530) 345-6618
Listing date Feb 26, 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 Century 21 Select Real Estate Chico
HighLights
- Prime downtown Chico location, blocks from California State University, Chico.
- Includes a valuable Type 47 liquor license.
- Extensively renovated first‑floor bar and restaurant with 99‑person capacity.
- Sale includes all furniture, fixtures, equipment, and inventory.
- Upstairs office space with completed major improvements and potential for rental income.
- Well‑designed bar, street‑side patio seating, and full commercial kitchen.
Overview
This prime investment opportunity is located in downtown Chico, near California State University, Chico. The property features an iconic bar and restaurant that has been in operation for over 40 years. Both the building and business assets are available for sale. The first floor has been extensively renovated with quality and attention to detail. The redesigned bar and dining space has a 99-person capacity and an exceptional layout. Features include a well-designed bar, street-side patio seating, a full commercial kitchen, a dedicated dishwashing area, walk-in refrigeration, a unique living wall, and custom handmade tables. The sale includes a Type 47 liquor license, as well as all furniture, fixtures, equipment, and inventory. The business name is not included in the sale. The upstairs area has undergone major improvements and is thoughtfully redesigned for functional office space. Finish work remains, offering an opportunity for an owner-user to create their own style or complete the space for additional rental income. There is ample office space to accommodate both owner use and rental income potential. The property is conveniently located near the City of Chico parking lot, with additional street parking directly in front. The property size is 3504 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Panama Bar Cafe
Bar & Pub
Similar Places Nearby
- Beer Lobo — 800 Broadway St, Chico, CA 95928
- Oasis Bar and Grill — 1007 W 1st St, Chico, CA 95928
- Joe's Bar — 749 W 5th St, Chico, CA 95928
- Taps Bar & Grill — 407 Walnut St, Chico, CA 95928
- Riley's — 702 W 5th St, Chico, CA 95928
Location Insight
- Map
- Local Demand
- City
- Chico
- County
- Butte
- State
- California
- Longitude
- -121.8397201
- Latitude
- 39.7305685
Nearby Similar for Sale
FAQs
What type of property is this?
Bar & Pub - Downtown Chico bar and restaurant with real estate for sale.
Where is this bar & pub located?
The property is located at 177 E 2nd St Chico, CA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Prime downtown Chico location, blocks from California State University, Chico.; Includes a valuable Type 47 liquor license.; Extensively renovated first‑floor bar and restaurant with 99‑person capacity.
