Historic El Rey Theater For
For Sale
$1,950,000
230 W 2nd St, Chico, CA 95928
Chico's historic El Rey Theater, a landmark entertainment venue.
Property Size9,768 SF
Lot Size0.24 Acres
Days on Market164
Property Features for 230 W 2nd St
General Information
Standard status
Active
Size
9,768 SF
Lot size
0.24 Acres
Property subtype
Commercial
Building Details
Building Size
9,768 SF
Year Built
1906
Units
3
Listing Agency:
Keller Williams Realty Chico Area
(530) 809-3742
Listed By:
Alisha Simpkins · License #01772692
(530) 809-3742
Source:
Elliman
Added: Mar 11
Changed: Aug 14
Last Checked: Aug 20 at 10:12AM
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.
The El Rey Theater, formerly known as the Majestic Theatre, The National, and The American, is available for purchase. This historic theater has a long tradition of film screenings and performances. Originally commissioned by the Chico Elks Lodge in the Spring of 1903, it first opened in 1906 as the home of the Chico Elks Lodge 423. The first floor was leased to the Majestic Theatre Company, which opened The Majestic Theater in Spring 1906. In 2017, the current owners began renovating and restoring the theater, investing in new sound, lighting, and a high-definition LED video wall production. The El Rey has become a popular performance and event venue, and further renovations could expand income potential. The property includes two additional street-facing suites, one currently configured as a food and beverage store and the other as a retail store, providing additional income opportunities. The El Rey Theater has served as a community performance and cinema space for the city of Chico and as a historic landmark in the downtown cityscape.
Key Highlights
- Historic El Rey Theater: A landmark property with a rich history.
- State‑of‑the‑Art Upgrades: Renovated in 2017 with new sound, lighting, and a high‑definition LED video wall.
- Income Potential: El Rey Theater as a performance/event venue offers potential for expanded income.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,039
Businesses Nearby
Explore this area
Business Placement
Demographics for 95928, CA
38,378
Population
17,455
Households
2.2
Avg Household Size
35
Median Age
41%
College-Educated
90%
High-School Grad
145.4 sq mi
ZIP Area
264
Density / Sq Mi
$65,350
Median Household Income
$32,615
Median Earnings
$1,419
Median Rent
$476,600
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Theater & concert hall - Chico's historic El Rey Theater, a landmark entertainment venue.
Where is this theater & concert hall located?
The property is located at 230 W 2nd St Chico, CA.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Historic El Rey Theater: A landmark property with a rich history.; State‑of‑the‑Art Upgrades: Renovated in 2017 with new sound, lighting, and a high‑definition LED video wall.; Income Potential: El Rey Theater as a performance/event venue offers potential for expanded income.
