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    175 20Th St Chico, CA 95928

    Sponsored
    For Lease
    Contact for pricing

    7,753 SF Flex Space Available

    Lot size:
    7,753 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 7,753-square-foot flex space, situated on a 3.71-acre lot in Butte County, presents a unique investment opportunity. Built in 1963, the property boasts a versatile layout ideal for a variety of commercial uses, including warehouse and restaurant operations. Currently, the entire space is available for lease at a monthly rate of $5,427. The building's prime location at the corner of Park & 20th Street, conveniently behind Mulberry Station Brewery, offers excellent visibility and accessibility. The property's industrial zoning allows for a wide range of potential uses, making it an attractive option for businesses seeking a flexible and strategically located space. With ample square footage and a substantial lot size, this property offers significant potential for expansion or modification to suit specific business needs. The multiple tenancy structure provides flexibility for various business models. This is a rare opportunity to acquire a well-positioned commercial property in a desirable location. The property's size and location make it an ideal choice for businesses seeking a prominent presence in a thriving area. Don't miss this chance to secure this versatile and strategically located commercial space.

    Property Features for 175 20Th St

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,753 SF

    Building Details

    Year Built
    1963

    Unit(s) available at that property

    Space
    Available Space 01
    Size
    7,750 SF

    HighLights

    • 7,753 SF flex space available for lease in a Butte County industrial/restaurant building.
    • Building is 7,753 total square feet, currently 100% vacant.
    • Located on a 3.71‑acre lot at a prime location in Butte County.
    • Built in 1963, the property features multiple tenancies.
    • Monthly lease rate: $5,427.
    Property Profile Location Intelligence

    Current Use by Public Records

    Casino 99 Casino Mulberry Station Brewing ... Brewery Jalapeño City Truck Mexican Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Chico
    County
    Butte
    State
    California
    Longitude
    -121.822187
    Latitude
    39.7195795

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    FAQs

    What type of property is this?
    Neighborhood center - 7,753 SF Flex Space Available
    Where is this neighborhood center located?
    The property is located at 175 20Th St Chico, CA.
    What are key features of this property?
    This property features: 7,753 SF flex space available for lease in a Butte County industrial/restaurant building.; Building is 7,753 total square feet, currently 100% vacant.; Located on a 3.71-acre lot at a prime location in Butte County.
    Request Owner's contact information
    175 20Th St Chico, CA 95928
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    Chico, CA 95928
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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
    175 20Th St Chico, CA 95928
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