177 3Rd St, Chico, CA 95928
This exceptional 3,120 square foot retail space is ideally situated in the heart of downtown Chico, California, just off Main Street and fronting on East 3rd Street. Housed within a charming brick building constructed in 1957, this single-tenant property offers a turnkey opportunity for a variety of businesses. The entire 3,120 square feet is currently vacant and available. The space is uniquely configured, having been previously combined from two separate suites. This allows for flexibility, with the potential to easily reconfigure the space back into two smaller suites, approximately 2,020 square feet and 1,100 square feet, to accommodate multiple tenants if desired. The property sits on a 0.26-acre lot and is a two-story building. The Butte County Assessor's Parcel Number (APN) is 004152010000. This prime location offers excellent visibility and accessibility, making it an attractive proposition for businesses seeking a thriving downtown Chico presence. The property is ready for immediate occupancy.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.