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Property profile & analytics
OFF-MARKET
Specialty properties

131 1St St Chico, CA 95928

Built 1920
Property ID
Property summary
AI-generated overview

This unique 1920s-era commercial space at 131 W 1st St, Unit 300, Chico, CA 95928, offers 1,200 square feet of versatile space ideal for a variety of uses. Located in the heart of downtown Chico, near Chico State University, this property boasts a blend of historical charm and modern functionality. The building is three stories high and features a traditional office layout with creative office potential. The suite includes a large, oversized kitchenette, perfect for employee breaks or small gatherings. A spacious main room, complete with a dance floor, is complemented by a smaller entry room, providing ample space for various business needs. Additional features include upstairs storage, closet storage, and a private balcony overlooking the main room. The property is zoned CC and has a Butte County APN of 004071001000. The building includes an elevator for convenient access to all three floors. Its central location and unique character make it an exceptional opportunity for businesses seeking a distinctive and well-situated space. The property's historical details, combined with its modern amenities, create a truly one-of-a-kind environment. This is a must-see for those seeking a space that blends historical character with modern functionality. The cross street is Broadway.

Property profile
Verified
Property type Specialty properties
Year built 1920
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • EMERGENCYEXIT Theater & Performing Art Venue
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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