Property profile

1927 Esplanade Chico, CA 95926

OFF-MARKET
Retail properties & Spaces
966 SF Built 1978
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Property summary

AI-generated overview

This 966-square-foot commercial retail unit, located at 1927 Esplanade in Butte County, presents a fantastic opportunity. Situated on a 0.38-acre lot, this single-tenancy property boasts a prime location directly across from Starbucks, the Matador Inn, and Big Al's Drive-In, ensuring high visibility and foot traffic. Built in 1978, the building has previously served as an artist studio and a fitness center, demonstrating its adaptability to diverse businesses. The property's current configuration is vacant, offering a blank canvas for a new tenant. The surrounding area features a strong mix of businesses, including a seamstress, a retail hair product store, and a locksmith, creating a vibrant commercial environment. The property's APN is 003603014000. The gross lease rate is $1,207 per month. This exceptional location and versatile space make it an attractive investment for entrepreneurs seeking a thriving retail presence. The property offers significant potential for a variety of businesses looking to capitalize on its high-traffic location and established commercial neighborhood.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1978
Total area 966 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Gym & Fitness Center
  • Gym & Fitness Center

Location

1927 Esplanade Chico, CA 95926
Chico metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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