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Chico Warehouse with Office Space

994 E 20th St, Chico, CA

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For Sale

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21,448 SF warehouse with office/retail space for sale.

Type:INDUSTRIAL

Property size:

21,448 SF

Lot size:

0.84 Acres

Price / SF:

$89/SF

HighLights

High visibility location across from Sierra Nevada Brewery with strong local traffic.
Flexible ML zoning allows for a broad range of commercial and industrial uses.
±21,448 square foot metal warehouse with ±4,000 square feet of conditioned office/retail space.
Three roll‑up doors provide flexible access and efficient operations.
Newly coated roof (2017) with an 18‑year warranty.
Fire sprinklers and fully fenced for safety and security.

We can help!

Contact an agent

Kelsey Watt, MS

For Sale

Contact for pricing

21,448 SF warehouse with office/retail space for sale.

Type:INDUSTRIAL

Property size:

21,448 SF

Lot size:

0.84 Acres

Price / SF:

$89/SF

Added:: Sep 15, 2025
Days on Market:: 295
Last Refresh:: May 20 at 8:39 pm

Property Features for 994 E 20th St

General Information

Standard status: Active
Size: 21,448 SF
Lot size: 0.84 Acres
Property subtype: INDUSTRIAL

We can help!

Contact an agent

Kelsey Watt, MS

Listing office Capital Rivers Commercial

Listing date Sep 15, 2025

Source Moodyscre

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

HighLights

High visibility location across from Sierra Nevada Brewery with strong local traffic.
Flexible ML zoning allows for a broad range of commercial and industrial uses.
±21,448 square foot metal warehouse with ±4,000 square feet of conditioned office/retail space.
Three roll‑up doors provide flexible access and efficient operations.
Newly coated roof (2017) with an 18‑year warranty.
Fire sprinklers and fully fenced for safety and security.

Overview

Located at 994 E 20th Street in Chico, CA, this property features a 21,448 square foot metal warehouse with approximately 4,000 square feet of conditioned office or retail space. The building is situated on a 36,590 square foot lot and includes three restrooms and three roll-up doors, offering flexible access and efficient operations. Constructed in 1990, the property is fully fenced and equipped with fire sprinklers. The roof was newly coated in 2017 and is backed by an 18-year warranty. The ML zoning allows for a broad range of potential occupants, and the well-maintained condition supports immediate occupancy. The property is located across from Sierra Nevada Brewery, providing high visibility and strong local traffic counts.

Local Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$195.6k	$9.12
− Vacancy	−$19.0k	−$0.88
EGI	$176.6k	$8.24
− OpEx	−$26.5k	−$1.24
NOI	$150.1k	$7.00

21,448 SF · lease $9.12/SF/yr · vacancy 9.70% · expense 15.00%

Alternative Uses

Best Use

Warehouse

$2.14M

$1.88M – $2.50M (±1% cap)

NOI $150,137 @ 7.0% cap · market cap 7.80%

Second Best

Industrial

$1.88M

$1.65M – $2.20M (±1% cap)

NOI $131,777 @ 7.0% cap · market cap 6.84%

Theoretical Best

Office A

$4.33M

$3.79M – $5.05M (±1% cap)

NOI $303,135 @ 7.0% cap · market cap 15.74%

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

Property Profile Location Intelligence

Current Use by Public Records

PlumbingSupply.com Plumbing Service

Suggested Use

Location Insight

Map
Local Demand

City: Chico
County: Butte
State: California
Longitude: -121.816
Latitude: 39.7253

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For sale
Warehouses
CA
Chico
994 E 20th St

What type of property is this?

Warehouse - 21,448 SF warehouse with office/retail space for sale.

Where is this warehouse located?

The property is located at 994 E 20th St Chico, CA.

What is the asking price?

The asking price for this property is $1,926,000.

What are key features of this property?

This property features: High visibility location across from Sierra Nevada Brewery with strong local traffic.; Flexible ML zoning allows for a broad range of commercial and industrial uses.; **±21,448 square foot metal warehouse with ±4,000 square feet of conditioned office/retail space.**

994 E 20th St, Chico, CA

21,448 SF warehouse with office/retail space for sale.

Property Features for 994 E 20th St

General Information

We can help!

HighLights

Overview

Local Financial Insights For Warehouse

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Multi-Family Property

Historic Office Conversion on Esplanade

Standalone Daycare/Preschool Building

Two-Unit Medical-Ready Office Building

Bungalow Multi-Family Property

ADA-Compliant Office Building

Multi-Family Property on Circle Drive

Standalone Two-Story Office Building

Medical/Professional Office Suite

Commercial Land Parcel

Agricultural Land Parcel

Flex Property with Two Buildings

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