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    Chico, CA
    Live - Work Space

    Chico, CA Live-work Space for Sale

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    Live-Work Property with Drive-Through
    Updated: May 20
    Live-Work Property with Drive-Through

    3208 State Highway 32, Chico, CA 95973

    $380,000
    1,170 sqft 1.22 AC lot
    1957‑built main residence on a deep State Highway 32 parcel in Chico with private water source.
    Approx. 1,175 SF front home currently configured as office space; includes kitchen and bathroom facilities and could be adapted for living (buyer to verify).
    Total of approx. 2,500 SF combined across the main home and two detached outbuildings on cement foundations.
    Detached cottage‑style building is fully powered and insulated with hardwood floors; previously used as office, library, guest quarters, and temporary housing.
    Second detached structure with electricity offers additional storage, workspace, or utility space.
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    This listing looks promising.

    Here's a quick look at some key insights for

    3208 State Highway 32, Chico, CA 95973

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    • Est. Cap Rate

      3.6%
      NOI ÷ price

    • Est. NOI

      $14K
      Annual

    • Price @ 7% Cap

      $193K
      Suggested

    • Property Type

      Single Family Residence
      Built 1957
    View Property Analytics
    Commercial Live-Work Property with Outbuildings
    Updated: Apr 10
    Commercial Live-Work Property with Outbuildings

    3208 State Highway 32, Chico, CA 95973

    $380,000
    1.22 AC lot
    Year built 1957 with private water service
    Front home is approx. 1,200 SF with 2 bedrooms and 1 bathroom; currently set up as office space but retains kitchen and bath
    Estimated total building area approx. 2,500 SF: main residence plus a detached 2‑bedroom, 1‑bath cottage and an additional detached one‑room structure
    Detached 2‑bedroom cottage on a cement foundation is fully powered and insulated with hardwood floors; built for office, library, guest quarters, and temporary housing
    Zoned commercial; includes flexibility for residential, live/work, or income potential (buyer to verify permitted uses and legal uses)
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Chico, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Medical Office Condo with Treatment Rooms
    Medical Office Condo with Treatment Rooms

    3-104 Margaret Ln, Grass Valley, CA 95945

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    3,618 sqft

    Exceptionally maintained medical office condominium with three treatment rooms, live/work designation, and 13 on-site parking spaces.

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    Mixed-Use Live/Work Property
    Mixed-Use Live/Work Property

    517 Mill Street, Grass Valley, CA 95945

    $110,000
    0.87 AC lot

    Mixed-use property on one Grass Valley lot with street-front ground floor commercial space and residential component.

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    Mixed-Use Office and Residence
    Mixed-Use Office and Residence

    2081 Victor Avenue, Redding, CA 96002

    $599,900
    2,116 sqft

    Separate office rooms and a private residential entry offer flexible live-work or owner-operator use on one parcel.

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    Downtown Mixed-Use Live-Work Building
    Downtown Mixed-Use Live-Work Building

    1190 South Street, Redding, CA 96001

    $385,000

    Two-story live-work/mixed-use building with flexible Downtown Mixed-Use zoning under the Redding Downtown Specific Plan.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Corner Office Mixed-Use Land
    Corner Office Mixed-Use Land

    996 E 1st, Chico, CA 95926

    $549,000
    0.77 AC lot

    Corner commercial land zoned OR with power onsite and city services available at the street.

    View details
    Mountain-View Residential Infill Lot
    Mountain-View Residential Infill Lot

    358 E Quincy Avenue lot: 8, Portola, CA 96122

    Contact for pricing
    0.14 AC lot

    Approximately 50' x 125' city lot in CMU/commercial zoning with utilities nearby and elevated views.

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    Residential Corner Lot
    Residential Corner Lot

    900 Alameda Street, Vallejo, CA 94590

    $298,000
    0.30 AC lot

    Generous corner lot in Vallejo with flexibility for a single-family build, duplex, or ADUs subject to approvals.

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    Commercial Land with Highway 101 Frontage
    Commercial Land with Highway 101 Frontage

    46963 HIGHWAY 101, Bandon, OR 97411

    $139,000
    1.00 AC lot

    C-1 zoned commercial parcel with surveyed site, ODOT-approved driveway, and a prepared parking lot.

    View details

    Chico, CA Live-Work Space Market Trends and Statistics

    Explore 2 live-work space for sale in Chico, CA on our real estate platform. These investment opportunities span a total of 1,170 square feet of properties for sale, with an estimated market value of $760,000.

    Sale prices for live-work properties in Chico, CA average $380,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 122
    Medical Office Space 31
    Office buildings 30
    Creative space 4
    Coworking space 2

    Demographics Overview

    Population 118K
    Population Growth (5Y) +5.0%
    Median Household Income $72,946
    College Educated 28.9%

    High-Yield Neighborhoods for Investment

    Identify Chico submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    95926 $899K

    Taxes & Financing

    Tax Rate (average for all types) 1.03%
    Property Tax per SF $13.99 per SF
    Tax Rate vs County Average 0.03 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Butte County

    New Delisted

    Total CRE Inventory on Market (SF)

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