236 9Th St Chico, CA 95928

This exceptional investment opportunity presents two commercial buildings on a single corner lot in vibrant downtown Chico, CA. The property boasts 1,063 square feet of retail space, currently 100% occupied by two tenants under a modified lease expiring January 30, 2025. One building, a reconfigured recording studio and design workspace (approximately 1204 sq ft), features an ADA-compliant ramp and charming front porch. The second building (approximately 1608 sq ft) is a two-story structure with ground-floor retail and upstairs office space. Both buildings share rear parking and feature metal roofs. The 4,433 square foot lot offers excellent visibility on a main thoroughfare in a high-traffic area. The property's strong pro-forma NOI of $21,945 and asking price of $450,000 (approximately $160.03 per square foot) present a compelling return on investment. Located in Butte County, within the DS - Downtown South zoning district, this property is ideal for owner-users or investors seeking a high-visibility location in a thriving downtown area. The established businesses are not included in the sale. The property's prime location offers easy access to local amenities, restaurants, and shops, benefiting from the nearby California State University, Chico.