Downtown Chico Storefront with
For Sale
$968,600
218 & 222 Main St, Chico, CA 95926
Historic downtown storefront with original brick and high ceilings.
Property Size6,710 SF
Price / SF$144.35
Days on Market205
Property Features for 218 & 222 Main St
General Information
Standard status
Active
Size
6,710 SF
Property subtype
Retail - Street Retail
Building Details
Building Size
6,710 SF
Year Built
1931
Year Renovated
2018
Listing Agency:
Capital Rivers Commercial
Listed By:
Carrie Welch, CCIM · License #01926238
(916) 804-8046
Source:
Commercialcafe
Added: Mar 26
Changed: Oct 4
Last Checked: Oct 16 at 5:47AM
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 Capital Rivers Commercial
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Investment Insights
Based on property information with market context.
This downtown Chico storefront features original brick walls and 13-foot ceilings. It includes a patio space and is located on a high-traffic block. The historic building is suitable for various uses, including a restaurant, tasting room, retail space, or mixed-use with office space. Currently in cold shell condition, the property offers design possibilities. The building has two addresses: 222 Main Street, which can be divided into approximately 3,077 square feet, and 218 Main Street, which can be divided into approximately 3,633 square feet. The total property size is 6,710 square feet.
Key Highlights
- Prime downtown Chico location on a high‑traffic block.
- Stunning original brick walls and 13’ ceilings.
- Versatile space suitable for restaurant, tasting room, retail, or mixed‑use.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$83,004
Cap Rate
8.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,660,080
$1.7M
Cap Rate 7%
$1,185,771
$1.2M
Cap Rate 9%
$922,267
$922.3K
Market Conditions
NOI Build-Up for 6,710 SF
Gross rent
$125.6K $18.72/SF
− Vacancy
−$7.0K −$1.05/SF
EGI
$118.6K $17.67/SF
− OpEx
−$35.6K −$5.30/SF
NOI
$83.0K $12.37/SF
Area
Chico, CA
Vacancy
5.60%
Lease Rate
$18.72 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,660,080
Cap Rate 7%
$1,185,771
Cap Rate 9%
$922,267
Alternative Uses
Best Use
Retail
$1.19M
$1.04M – $1.38M
NOI $83,004 @ 7.0% cap · market cap 8.57%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.35M
$1.19M – $1.58M
NOI $94,836 @ 7.0% cap · market cap 9.79%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,061
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 95926, CA
41,259
Population
18,566
Households
2.2
Avg Household Size
31
Median Age
45%
College-Educated
96%
High-School Grad
7.8 sq mi
ZIP Area
5,290
Density / Sq Mi
$62,334
Median Household Income
$27,870
Median Earnings
$1,418
Median Rent
$462,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Storefront property - Historic downtown storefront with original brick and high ceilings.
Where is this storefront property located?
The property is located at 218 & 222 Main St Chico, CA.
What is the asking price?
The asking price for this property is $968,600.
What are key features of this property?
This property features: Prime downtown Chico location on a high‑traffic block.; Stunning original brick walls and 13’ ceilings.; Versatile space suitable for restaurant, tasting room, retail, or mixed‑use.
