236 W 9Th St, Chico, CA 95928
For Sale
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This exceptional Chico investment opportunity presents two commercial buildings situated on a highly visible corner lot at W 9th & Salem Streets. The property encompasses 0.2 acres and a total of 2,812 square feet. One building, located at 244 W 9th Street, is approximately 1204 square feet and has been reconfigured into a recording studio and design workspace. This building features an ADA-compliant ramp in the rear and a charming front porch. The second building, situated at 236 W 9th Street, is a two-story structure totaling approximately 1608 square feet. The ground floor functions as a retail storefront, while the tenant utilizes the upper level as administrative office space. Both buildings share rear parking and are equipped with durable metal roofs. The established business currently occupying the space is not included in the sale, but has enjoyed a long-term tenancy. This presents a unique chance to acquire a well-positioned commercial property in a desirable Chico location. The asking price is $375,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
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
C1 · 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.