Downtown Chico Storefront with
218 & 222 Main St Chico, CA 95926
218 & 222 Main St, Chico, CA, 95926
Contact for pricing
For Sale
Contact for pricing
Historic downtown storefront with original brick and high ceilings.
Property Size6,710 SF
Price / SF$144.35
Days on Market722
Property Features for 218 & 222 Main St
General Information
- Standard status
- Active
- Size
- 6,710 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1931
Listing Agency
Capital Rivers Commercial
(916) 804-8046
Listed by
Carrie Welch · License #01926238
Source
Crexi
Added: Jul 26, 2024 Checked: Jul 17 at 4:24 am
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
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.
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
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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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.
