1950 20Th StChico, CA 95928

This exceptional 54,014 square foot commercial land parcel, located at 1950 E 20th St. in Chico, California (zip code 95928), presents a remarkable investment opportunity. Priced at $1,987,000 ($36.50/sq ft), this Butte County property is situated within Chico Mall, a thriving retail center boasting over 100 stores and restaurants. The mall enjoys a dominant position as the only regional mall within a 40-mile radius, ensuring high visibility and substantial foot traffic. Key anchors include Dick's Sporting Goods, JCPenney, and Forever 21, further solidifying the area's retail strength. Recent additions of HomeGoods, Petco, Planet Fitness, and Burlington underscore the continued growth and appeal of this location. The property's size and location lend themselves to the development of a multi-tenant building, with the added advantage of potential drive-thru access. This presents a unique chance to capitalize on the robust retail environment of Chico's busiest trade area. The land's strategic placement within the established Chico Mall complex offers immediate access to a large and diverse customer base, making it an ideal location for a variety of commercial ventures. The $36.50/sq ft price reflects the exceptional value and potential for significant return on investment.