225 Main Street Chico, CA $ 3,500,000
225 Main Street
$ 3,500,000
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225 Main Street

Chico, CA, 95928
$ 3,500,000
Baths0.0 Sq 23,444

Monthly Estimate*

$ 23,262

Listed by Harris Commercial Real Estate
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Studio

Commercial Property for sale in Chico, CA

for $3,500,000. This 23,444 square foot building was built in 1965 on a lot size of 0.39.

Located in the absolute core of Downtown Chico just steps from California State University, Chico, the subject property fronts onto Main Street between 2nd & 3rd Streets and runs all the way through the city block to Wall Street where the large municipal parking lot is located. This mixed-use building is currently configured as a well known walkable indoor mall with 20 leasable units consisting of various retail, personal services, restaurants, and office space. Known as The Garden Walk Mall, the property offers an opportunity to continue with and improve upon the exiting layout and tenancy model or redevelop into a more traditional retail building able to accommodate tenants up to 23,450 SF. The footprint of the ground floor is approximately 16,950 square feet with a 2nd floor of approximately 6,500 square feet. The front 10,000 square feet is open clear-span arched wood truss construction and the rear 6,500 square foot, two-story section is CMU block with steel support columns. The property is zoned DN (Downtown North) which accommodates many various uses including a wide range of retail, personal service, educational, cultural, and recreational uses, with office and residential uses above the ground floor. Allowable building height is 85’ and traffic counts on Main Street are approximately 15,000 ADT with huge pedestrian counts supported by the 15,000+ students enrolled at CSU, Chico just two blocks away. The location offers the ability to have two main entrances to the property with one fronting onto Main Street as well as a 2nd entrance fronting the large municipal parking lot on Wall Street. Large signage is available on both the Main Street and Wall Street entrances, and there is street parking directly in front of the building on both sides.

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Commercial Active

Price

$ 3,500,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Retail

Lot Size

0.39

Year Built

1965

Town/City

Chico

County/Region

Butte

MLS | Web ID

SN24027303

Days on Market

125

Features
General
Zoning DN
Year Built 1965
Property SubType Retail
County Butte
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard
Status Active
Directions On Main Street between 2nd & 3rd Streets
City Chico
View Y/N N
Senior Community Y/N N
Lot Size Units SquareFeet
Lot Size Square Feet 16988.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Main
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 0
Building Area Units SquareFeet
Standard Status Active
Occupancy Type Tenant
Year Built Source Assessor
Property Sub Type Additional Retail
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Exterior
Lot Features NearPublicTransit
Water Source Public
Lot Size Area 16988.0
Park Name The Garden Walk Mall
Spa N
Building Area Total 23444.0
Lot Dimensions 64 x 264
Street Suffix Street
Lot Size Acres 0.39
Lot Size Source Assessor
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Laundry Features None
Entry Level 1
Electric On Property Y/N N
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Internal Only
Street Number 1 225
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* Excluded Features
List By
Harris Commercial Real Estate

Broker

(530) 419-1600

Phone

Affordability Calculator

$23,262
Per Month
100%
0%
0%
Monthly Principal & Interest
$23,262
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/7/2024$3,500,000 Listed Price

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225 Main Street, Chico, CA, 95928 is a Commercial Property for sale at $3,500,000 with 23,444 sqft and a lot size of 0.39. 225 Main Street is a studio with 0.0 baths and was built in 1965. The property's zip code is 95928 which is in Chico, CA