230 W 2nd Street, Chico, CA 95928

The El Rey Theater is a historic, street-level entertainment building with a performance and film-screening heritage dating to its original commissioning by the Chico Elks Lodge in 1903 and opening in 1906. The current owners began renovations and restoration in 2017, including an entirely new state-of-the-art sound and lighting system and a high-definition LED video wall for productions. The building has additional flexibility through two street-facing suites included with the property.

The first floor is at street level, and the two added suites face the street, creating separate spaces for complementary uses alongside the theater. One suite is set up as a food and beverage store, and the other is configured for a retail store. The combination supports an operator or owner looking to run performances while also offering street-oriented options for visitors.

For tenants, buyers, or operators, the theater improvements—sound, lighting, and the LED video wall—provide a foundation for staging events and screenings in a renovated venue. The presence of two street-facing suites adds practical, on-site merchandising or service space in configurations already described as food and beverage and retail. This property represents a single ownership opportunity that pairs a historic performance venue with additional street-level commercial space.