218 Main St Chico, CA 95926
- Retail space
- 6,710 SF
- 0.17 lot acres
Current Use by Public Records
- Retail space
Property Details for 218 Main St
- Year built
- 1931
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.17 lot acres
- Property size
- 6,710 SF
- Zone code
- CC
- Property type
- Retail space
- APN
- 004-081-010-000
- APU
- 4081010000
Description
This exceptional 6,710 square foot retail property, located at 218 & 222 Main Street in Chico, California, presents a unique investment opportunity. Built in 1931 and renovated in 2018, this historic building boasts stunning original brick walls and 13-foot ceilings, creating a captivating atmosphere. The property features a charming patio space, perfect for outdoor dining or retail displays, and benefits from its prime location on a bustling, high-traffic block in downtown Chico. Zoned DN, this versatile space is ideal for a variety of uses, including restaurants, tasting rooms, retail shops, or mixed-use concepts incorporating office space. Currently offered as a cold shell, the property provides limitless design possibilities for a buyer to customize to their specific vision. The building's layout allows for flexible configurations, with the potential to be divided into approximately 3,077 square feet and 3,633 square feet. Its proximity to California State University, Chico, and other downtown amenities ensures high visibility and foot traffic. The asking price is $968,600. This is a rare chance to acquire a piece of Chico's history and capitalize on the vibrant downtown market. The property is currently in cold shell condition, meaning there is no existing HVAC, electrical, or plumbing infrastructure, offering significant flexibility for the new owner.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $565,000
- ML approach
- $580,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $859,000
- AI Estimate
- $452,000
Market price range: $522k - $1.41MMarket price range: $189k - $804k
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Chico
- County
- Butte
- State
- California
- Longitude
- -121.84
- Latitude
- 39.7299
- CBSA code
- 17020
- CBSA name
- CHICO, CA METROPOLITAN STATISTICAL AREA