1020 Main St Chico, CA 95928
For Sale
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This 2,000 square foot, vacant restaurant space in downtown Chico, CA is available for $395,000. Located at 1020 Main St, 95928 (APN 004-431-016), this single-story building offers a prime opportunity for a new restaurant venture. Previously housing a long-standing Sicilian Cafe and more recently a Mexican restaurant, the space boasts an open dining area with abundant natural light, a welcoming reception and waiting area, and a fully equipped kitchen. The kitchen features a recently cleaned 10-foot hood with an Ansul system, a combination range/oven, a walk-in cooler, a dishwashing line, and ample storage. Recent renovations include a new roof, fresh exterior paint, and new flooring in the dining area. The property also benefits from significant signage opportunities, a rear patio, and ample private parking. This turnkey restaurant space is ready for immediate occupancy. The property was renovated in 2024.
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Tres Marias Restaurant Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
C2 · Chico, CAChico. Always verify with local authorities before improvements.
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.