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$3,500,000
Est. payment /mo
0.39 Acres Lot
UPDATED:
12/05/2024 05:04 AM
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID SN24199295
HOA Y/N No
Year Built 1965
Lot Size 0.390 Acres
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.
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.
Location
State CA
County Butte
Building/Complex Name Garden Walk Mall
Zoning DN
Interior
Heating Central
Fireplace No
Laundry None
Building
Lot Description No Landscaping, Near Public Transit
Story 2
Water Public
Others
Tax ID 004082014000
Special Listing Condition Standard
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Listed by Brandon Harris • Harris Commercial Real Estate • 530-828-9289
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HomeSmart Realty West
Broker | License ID: DRE#1905908
Broker License ID: DRE#1905908