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225 Main Street

Chico, CA 95928

$3,500,000

List Price

N/A

bed Beds

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shower Baths

N/A sqft

straighten / sqft

1965

calendar_month Built

Property Description

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.

Listing Information

List Price $3,500,000
Status Active
MLS SN24199295
Type Commercial
Subtype Retail
Year Built 1965
Lot Size 16,988
Structure Size N/A
Courtesy Of Harris Commercial Real Estate
Listing Agent Brandon Harris DRE#01318261

Interior Features

Laundry Information
Location(s) None
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A

Exterior Information

Maps

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Listing information courtesy of: Brandon Harris, Harris Commercial Real Estate . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 5:48 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.