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    Downtown Chico Storefront with Patio Title is generated by Realmo AI

    218 & 222 Main St, Chico, CA 95926

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    Historic downtown storefront with original brick and high ceilings.

    Type:Retail
    Property size:
    6,710 SF
    Price / SF:
    $144/SF
    Added:
    Jul 26, 2024
    Days on Market:
    677
    Last Refresh:
    May 12 at 9:08 pm

    Property Features for 218 & 222 Main St

    General Information

    Standard status
    Active
    Size
    6,710 SF
    Property subtype
    Retail

    Building Details

    Year Built
    1931

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    Listing Contact
    Carrie Welch
    Carrie Welch

    Listing agent Carrie Welch License #01926238

    Listing office Capital Rivers Commercial

    Listing date Jul 26, 2024

    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 Capital Rivers Commercial

    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.
    • Charming patio space.
    • Limitless design possibilities in cold shell condition.
    • Historic building with two addresses, divisible into ±3,077 SF and ±3,633 SF.

    Overview

    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.

    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 $125.6k $18.72
    − Vacancy −$7.0k −$1.05
    EGI $118.6k $17.67
    − OpEx −$35.6k −$5.30
    NOI $83.0k $12.37
    6,710 SF · lease $18.72/SF/yr · vacancy 5.60% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $1.19M
    $1.04M – $1.38M (±1% cap)
    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 (±1% cap)
    NOI $94,836 @ 7.0% cap · market cap 9.79%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Similar Places Nearby

    • Chico Gifts Flowers & Balloons 304 W 5th St, Chico, CA 95928
    • Camellia Florist & Flower Delivery Chico CA 352 Camellia Way, Chico, CA 95928
    • Bloose Flower Delivery Chico CA 752 Buttonwillow Ln, Chico, CA 95926

    Location Insight

    • Map
    • Local Demand
    City
    Chico
    County
    Butte
    State
    California
    Longitude
    -121.84022
    Latitude
    39.7298989

    FAQs

    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.
    (916) 804-8046 Call to check price and availability
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