For Sale
$9,875,000

665 Manzanita CtChico, CA 95926

78-Room Motel, Highway 99 Access

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a 78-key Motel 6 located at 665 Manzanita Ct, Chico, CA 95926. Built in 1972, this two-story, 56,628 square foot property sits on a 1.3-acre lot and is zoned CR, Regional Commercial. Its prime location offers convenient access to Highway 99, ensuring seamless connectivity to California State University, Chico, downtown Chico, and regional attractions like Bidwell Park and the Sierra Nevada foothills. The motel's strategic positioning caters to both leisure and business travelers, benefiting from proximity to local amenities such as shopping centers, restaurants, and entertainment venues. Guests also enjoy easy access to outdoor recreation areas, including Bidwell Park, offering hiking, biking, and other outdoor activities. The property's strong location, coupled with its established brand recognition and substantial room count, presents a compelling investment opportunity in a vibrant Northern California city. The asking price for this well-positioned motel is $9,875,000. This established business benefits from its proximity to popular attractions such as Bidwell Mansion State Historic Park, further enhancing its appeal to a diverse range of visitors. The property's established presence and strong location make it a desirable asset in a growing market.

Highlights

  • Prime Chico location with easy Highway 99 access.
  • 78-key Motel 6 on a 1.3-acre lot, offering strong investment potential; asking price $9,875,000.
  • Close proximity to CSU Chico, downtown Chico, Bidwell Park, and Sierra Nevada foothills.
  • Surrounded by shopping, dining, and outdoor recreation; 56,628 square feet, two stories, built in 1972, CR zoning.

Property Details for 665 Manzanita Ct

Property type
Hospitality properties, Motels
Square Feet
56,628 SF
Year Built
1972
Stories
2

Location Insight

City
Chico
County
Butte
State
California
Latitude
39.7526114
Longitude
-121.8438274
665 Manzanita Ct, Chico, California

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665 Manzanita Ct
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