1950 20Th St Chico, CA 95928

This exceptional retail land parcel, identified as Parcel A of the Chico Marketplace, presents a compelling investment opportunity. Located at 1950 E 20th St, Chico, CA 95928, in Butte County, this .67 to 1.45-acre site is zoned CR Regional Commercial and offers significant potential. The property boasts excellent visibility from both E 20th Street (20,900 daily cars) and Forest Avenue (13,750 daily cars), providing unparalleled access to a high volume of traffic. Its strategic location within Chico Marketplace, a thriving retail hub featuring over 100 stores, restaurants, and major anchors like Dick's Sporting Goods, JCPenney, and Forever 21, ensures strong consumer traffic. The parcel is designed to accommodate a multi-tenant building with drive-thru capabilities, capitalizing on the high-traffic counts and the area's robust retail environment. The asking price is $1,546,220, with a price per square foot of $47.50. This property offers immediate access from Forest Avenue at the eastern side of the mall, making it an ideal location for a variety of retail businesses. The surrounding area includes recently opened stores such as HomeGoods, Petco, Planet Fitness, and Burlington, further solidifying the area's retail strength and potential for future growth. This is a rare opportunity to acquire a prime retail parcel in a high-demand location.