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Property profile & analytics

218 Main St Chico, CA 95926

  • Retail space
  • 6,710 SF
  • 0.17 lot acres
For Sale
Last Sale
Jan 28, 2020
$915,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US09-0474821
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

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

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $565,000
    ML approach
    $580,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $859,000
    Market price range: $522k - $1.41M
    AI Estimate
    $452,000
    Market 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

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$12,915
$589,709
$391,352
$981,061
-
$0.00
$0.00
$0.00
More about this property
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