351 E 6th StreetChico, CA 95928

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.

Property Information

Property type

Commercial Sale

Sub-type

Retail

Year built

1900

Stories

1

Building area

5,515 Sq Ft

Lot size

0.26 acres

Days on market

74

MLS^® Listing#

SN26155804

Property Features

Laundry

None

Lot features

Level · Near Public Transit · Rectangular Lot

Water source

Public

Financial Details

Annual taxes

$8,745

Parcel number

004382001000

Directions

Corner of 6th & Flume Streets