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    2760 Esplanade 100 Chico, CA 95973

    Sponsored
    For Sale
    Contact for pricing

    Prime Chico location, 4,552 sq ft, outdoor patio.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional restaurant opportunity is located within Lassen View Promenade, a thriving retail center in Chico, CA's premier shopping district. The property boasts a total of 4,552 square feet, encompassing a spacious dining area with seating for up to 82 patrons, a separate bar area accommodating 28 guests, and a substantial 1,050 square foot outdoor patio capable of seating an additional 40. The well-designed layout also includes a fully equipped kitchen, office space, and ample storage. The property is situated alongside established businesses such as CVS, Domino's Pizza, Great Harvest Bread, BB Nails and Lashes, Perspire Sauna Studios, and Edward Jones, ensuring high visibility and foot traffic. This is a Net Lease (NNN) property with an estimated cost of approximately $0.62 per square foot. Existing Furniture, Fixtures, and Equipment (FF&E) may be available for purchase

    Property Features for 2760 Esplanade 100

    General Information

    Property type
    Manufacturing properties
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Map

    City
    Chico
    County
    Butte
    State
    California
    Longitude
    -121.8639049
    Latitude
    39.7604457

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    FAQs

    What type of property is this?
    Manufacturing property - Prime Chico location, 4,552 sq ft, outdoor patio.
    Where is this manufacturing property located?
    The property is located at 2760 Esplanade 100 Chico, CA.
    What is the asking price?
    The asking price for this property is $6,253.
    Request Owner's contact information
    2760 Esplanade 100 Chico, CA 95973
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    Chico, CA 95973
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2760 Esplanade 100 Chico, CA 95973
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