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$795,000
Est. payment /mo
0.26 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID SN26155804
HOA Y/N No
Year Built 1900
Annual Tax Amount $8,745
Lot Size 0.260 Acres
Property Sub-Type Retail
Property Description
100% Leased Multi-Tenant Commercial Property Near Downtown Chico. 351, 361, 363 and 365 E. 6th Street comprise a fully leased, multi-tenant commercial property situated on a prominent hard-corner location near Downtown Chico. Surrounded by dense residential in an established, highly walkable neighborhood, the property is occupied by a complementary mix of neighborhood-serving businesses, including the landmark Pageant Theatre, Tender Loving Coffee House, Ultra Beautician and Sixth Street Secondhand. The tenants provide a balanced combination of entertainment, food and beverage, personal services and specialty retail. Several have longstanding operating histories at the property, with some having occupied the building for decades. Recent capital improvements include roof, exterior paint, and interior/exterior ADA upgrades. Its close proximity to Downtown Chico allows the property to benefit from the area's established customer base, daytime employment and student population, dining and entertainment activity, and steady flow of pedestrian and vehicle traffic, while still serving the surrounding residential neighborhood. With 100% occupancy, multiple established tenants, dedicated on-site parking and a strong corner location, the property offers a stabilized investment with a durable presence in one of Chico's most distinctive neighborhoods.
Location
State CA
County Butte
Interior
Fireplace No
Laundry None
Building
Lot Description Level, Near Public Transit, Rectangular Lot
Story 1
Water Public
Others
Tax ID 004382001000
Special Listing Condition Standard
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Listed by Brandon Harris Harris Commercial Real Estate 530-828-9289, DRE #01318261
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