For Sale
$575,000

1844 EsplanadeChico, CA 95926

Iconic Restaurant, High-Traffic Location

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional investment opportunity presents a 1,200 square foot restaurant building situated on a 0.26-acre lot at 1844 Esplanade in Chico, CA 95926. Currently occupied by the established Big Al's Drive-In under a long-term NNN lease, this property offers a stable income stream with minimal landlord responsibilities. The building features a recently installed roof, a detached storage room, and a walk-in freezer. Its prime corner location, directly across from a Starbucks, ensures high visibility and accessibility along Chico's Esplanade corridor. This bustling area boasts a diverse mix of retail shops, restaurants, and professional services, attracting significant foot, bike, and vehicle traffic. The property's strategic location offers convenient access to Highway 99, Enloe Medical Center, downtown Chico, and Bidwell Park, maximizing its appeal to both locals and visitors. This turnkey investment is priced at $575,000 and represents a rare chance to acquire a thriving commercial property in a high-demand Chico location. The single-unit building provides a straightforward ownership experience with a proven tenant in place.

Highlights

  • $575,000 asking price for a 1,200 square foot retail restaurant.
  • NNN lease with a long-term tenant, Big Al's Drive-In.
  • Prime corner location in Chico, CA, across from Starbucks, on the Esplanade corridor.
  • Property includes a detached storage room and walk-in freezer.

Property Details for 1844 Esplanade

Property type
Retail properties, Restaurants
Square Feet
1,200 SF
Lot Size (sq. ft)
11,326 SF
Units
1

Location Insight

City
Chico
County
Butte
State
California
Latitude
39.7462097
Longitude
-121.8511414
1844 Esplanade, Chico, California

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1844 Esplanade
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