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615 Mangrove, Chico
$2,395,000
SN26207822 MLS ⋅ Active Status
Invest in quality! 615 Mangrove Avenue is a Class A retail investment property in one of Chico’s most prominent commercial locations. As part of The Shops at Mangrove, the property combines attractive contemporary architecture, exceptional visibility and a high-profile location. The 8,174-square-foot building is home to a strong mix of tenants, including the newly opened Nation’s Giant Hamburgers, Top Notch’z Nails & Spa and the legendary Mink Speakeasy Tattoo Studio. The Shops at Mangrove occupies a highly visible gateway location serving Downtown Chico and Chico State University, with strong daily traffic and excellent exposure. The center is directly across from Bidwell Park and near Chico High School, Chico Junior High School and the U.S. Post Office, with a Safeway-anchored shopping center and Chipotle directly across the intersection. Designed with more character than a typical strip center, The Shops at Mangrove offers an inviting town-plaza atmosphere with pedestrian walkways, bicycle parking and outdoor seating areas. This is an excellent opportunity to acquire a quality retail investment in a highly recognizable Chico location.

615 Mangrove, Chico

605 Mangrove Avenue, Chico
$1,495,000
SN26207812 MLS ⋅ Active Status
Now is your chance to invest in a first class commercial retail center at a great price. The Shops at Mangrove is a clean, modern commercial center, offering an investor an excellent return on investment (ROI). 605 Mangrove consists of two buildings (Four End Caps!) with beautifully designed architecture, both on a high traffic corner with some of the best signage in town. Currently there are five retail units for a total of 11,392 square feet. Tenants include Genkai Sushi, Green Light Fitness, Jersey Mikes and Noodle House. This is a high profile gateway corner to Downtown Chico and Chico State University, and a daily needs drive by location. The center is located across from Bidwell Park and near Chico High School, Chico Junior High School, Post Office and across from Chipotle and Safeway anchored shopping center. The Shops at Mangrove offers a town plaza feel with strolling walkways, bicycle parking and outdoor seating areas. The improvements are situated on ground-leased land, creating an opportunity to acquire a quality retail shopping center investment at a substantially lower purchase price than would typically be required for a comparable shopping center property. This structure provides an attractive lower barrier to entry for investors seeking retail real estate ownership, established tenancy and a high-profile location.

605 Mangrove Avenue, Chico

2995 Esplanade, Chico
$1,175,000
SN26197943 MLS ⋅ Active Status
Multi-tenant retail center on a prime hard corner in the prominent and well-established Shasta Plaza, with excellent visibility, easy access, and ample parking. Surrounded by dense residential neighborhoods with approximately 66,000 residents within a 3-mile radius. The property includes two spaces: a 1,296 sq ft suite occupied by a long-term, professional salon tenant, and an adjacent 3,516 sq ft turnkey restaurant space now available for lease. The building is served by six separate meters, allowing the spaces to be further demised. The restaurant space offers a functional layout with open dining areas, a bar, small patio, private dining room, private restrooms, and storage, all set within a beautifully improved interior with tall ceilings, abundant windows, and professional finishes. The vacant restaurant space is available for lease, and the entire building is offered for sale.

2995 Esplanade, Chico

1417 Mangrove Avenue, Chico
$575,000
SN26155814 MLS ⋅ Active Status
Three-tenant retail building prominently positioned along Mangrove Avenue. The property is configured into three separately metered units: 1411 Mangrove Avenue, a 600 SF suite occupied by Pet Couture since 2010, month-to-month term; 1413 Mangrove Avenue, a 1,000 SF suite occupied by Phyzique Gym since 2016, month-to-month term; and 1417 Mangrove Avenue, a 1,200 SF vacant restaurant space formerly built out and operated by Pizza Hut. The restaurant suite offers substantial existing infrastructure, including a walk-in refrigerator and freezer, Type I and Type II hoods, multiple sinks, a high-capacity water heater, oversized HVAC systems, and ample electrical power. The space presents a strong opportunity for a restaurant, catering operation, commissary kitchen, or similar owner-user. With two established tenants in place and a well-improved vacant suite, the property is well suited for an investor seeking additional upside or an owner-user looking to offset occupancy costs with rental income. Additional features include front and rear parking, prominent pole and façade signage, newer mini-split HVAC systems, and separately metered gas and electricity.

1417 Mangrove Avenue, Chico

351 E 6th Street, Chico
$795,000
SN26155804 MLS ⋅ Active Status
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.

351 E 6th Street, Chico

2540 Esplanade, Chico
$6,000,000
SN25187937 MLS ⋅ Active Status
Entire power corner commercial retail center including a Gas Station and National Credit Tenant Quick Serve Restaurant is now available For Sale. Absolutely huge traffic counts and huge opportunity to grow Net Return on Investment. This offering includes a total of 27,298 sq. ft. of retail and office space on 2.79 acres on three parcels. The front and center corner parcel is leased to an Arco AM/PM Gas and Convenience Store operator. Next door is a Jack in the Box Restaurant with Drive Thru. Other tenants included the new Blue Bird Liquor & Market, Heroes Corner Games & Merchandise, Esplanade Express Laundry, Massage and Media Model Agency. Currently about 30% vacant, the center features a prime 4,988 sq. ft. store front unit ready for great new tenants. The offering includes a back parcel for additional parking and rental income.

2540 Esplanade, Chico

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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