For Sale
$345,000

1824 EsplanadeChico, CA 95926

Prime Chico location, high visibility, 3 units.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional Chico, CA commercial property, located at 1824 Esplanade, presents a unique investment opportunity. The single-story, approximately 1,318 square foot building boasts a functional layout ideal for executive office use. Features include three private offices, open work areas perfect for collaboration, a convenient kitchen, and a restroom. Recently updated with fresh paint, new flooring, and a newer roof, the space is both modern and inviting. The property also includes a separate residential tiny home and a storage shed, each with its own address, adding significant value and versatility. All three units are currently occupied by tenants. Situated on a 6,750 square foot lot, this Class B property enjoys excellent visibility on the Esplanade, surrounded by established businesses such as Big Al's and the Matador Hotel, and in close proximity to Enloe Medical Center. Its prime location offers easy access to downtown Chico's attractions, Bidwell Park, and Highway 99, ensuring high pedestrian, bicycle, and vehicle traffic. This three-building complex provides a compelling blend of commercial and residential income potential, making it an attractive investment in a thriving Chico neighborhood. The asking price is $345,000.

Highlights

  • Three buildings on a single 6,750 sq ft lot in Chico, CA.
  • Includes a 1,318 sq ft commercial building, a residential tiny home, and a storage shed, each with its own address.
  • Commercial building features three private offices, open workspace, kitchen, and restroom; recently updated.
  • Residential tiny home has a separate address.
  • Excellent location near Highway 99, Enloe Medical Center, and established businesses, offering high visibility and accessibility.

Property Details for 1824 Esplanade

Property type
Retail properties, Office properties
Square Feet
1,318 SF
Class
B
Buildings
3
Stories
1
Units
3

Location Insight

City
Chico
County
Butte
State
California
Latitude
39.7458176
Longitude
-121.850983
1824 Esplanade, Chico, California

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1824 Esplanade
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