Property summary
This exceptional 3,274-square-foot retail space, located at 1990 Belgium Avenue in Chico, California, presents a unique opportunity for businesses seeking a prominent location. The property is a newly constructed Class A single-tenant suite within the B20 mixed-use development, a vibrant complex that includes 60 senior apartments and established businesses such as the Rione Restaurant. The suite boasts ample on-site parking for both tenants and customers, ensuring convenient access and high visibility. Situated at the intersection of Bruce Road and Belgium Avenue, this location offers excellent exposure to high traffic volume. The entire 3,274 square feet is currently vacant and ready for immediate occupancy, allowing for complete customization to suit your specific business needs. The property is located in Butte County, California, and has a Chico, CA 95928 zip code. This is a rare opportunity to establish your business in a thriving, well-established mixed-use development with significant foot traffic and convenient amenities. The property's Class A designation reflects its high-quality construction and modern features. This space is ideal for a variety of retail businesses seeking a prime location in a rapidly growing area.
Property profile
VerifiedCap rate & NOI
Current use
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Real Estate Agency
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Restaurant
Location
Value estimations
Owner & transaction history
Zoning & alternative use
CN Neighborhood Commercial Neighborhood Commercial (NC) (6 to 22 units per gross acre) CC Community Commercial Commercial Mixed Use (CMU) (6 to 22 units per gross acre) DN DS Downtown North Downtown South Commercial Mixe…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
CN · Chico, CACN Neighborhood Commercial Neighborhood Commercial (NC) (6 to 22 units per gross acre) CC Community Commercial Commercial Mixed Use (CMU) (6 to 22 units per gross acre) DN DS Downtown North Downtown South Commercial Mixe…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
CN Neighborhood Commercial Neighborhood Commercial (NC) (6 to 22 units per gross acre) CC Community Commercial Commercial Mixed Use (CMU) (6 to 22 units per gross acre) DN DS Downtown North Downtown South Commercial Mixe…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CN in Chico, CA.
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