105 Broadway StChico, CA 95928
- Retail properties
- 26,406 SF
Property Details for 105 Broadway St
- Year built
- 1920
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.26 AC
- Property size (Sq ft)
- 26,406 SF
- Zone code
- CC
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 004-071-001-000
- APU
- 4071001000
Description
Prime retail opportunity in downtown Chico, California, at 105 Broadway St. This single-tenant property boasts 8,725 square feet of versatile space, ideal for a variety of businesses. Built in 1920, the building sits on an 11,326 square foot lot and is zoned CC. The property features approximately 3,500 square feet of basement storage, plus two mezzanines, providing ample room for inventory and operations. Its prominent corner location on Broadway Street offers excellent visibility and accessibility, with convenient street parking on two sides. The building's location is a significant advantage, situated just one block from Chico State University and surrounded by thriving businesses and restaurants, ensuring high foot traffic and customer visibility. An additional 3,600 square feet of space is available for lease upstairs, offering potential for expansion or additional revenue streams. The property's APN is 004071001000. This historic building presents a unique chance to establish or expand a business in a vibrant and desirable downtown Chico location. The property's size and features make it suitable for a wide range of retail uses.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $6,995,650
- 6.5%
- $6,457,522
- 7%
- $5,996,271
-
Comparable approach
- Method
- Valuation
- Relative Method
- $9,501,027
- Geo Method
- $9,501,027
-
Alternative Use
- Use
- Valuation
- Residential
- $5,447,162
- Hospitality
- $4,989,571
- Educational
- $4,151,264
- Medical
- $4,294,033
- Retail
- $6,457,522
Location Insight
- City
- Chico
- County
- Butte
- State
- California
- Latitude
- 39.7305
- Longitude
- -121.842
- CBSA code
- 17020
- CBSA name
- CHICO, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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