$1,075,000
Prime investment opportunity now available in the heart of downtown Chico, just blocks from California State University, Chico! This iconic bar and restaurant has operated for over 40 years, and now both the building and business assets are being offered for sale. The first floor has been extensively renovated with quality and attention to detail throughout. This beautifully redesigned bar and dining space offers a 99-person capacity and an exceptional layout. Features include a well-designed bar, street-side patio seating, full commercial kitchen, dedicated dishwashing area, walk-in refrigeration, a unique “living wall,” and custom handmade tables that enhance the overall ambiance. The sale includes a valuable Type 47 liquor license, as well as all furniture, fixtures, equipment, and inventory. Please note, the business name is not included in the sale and will remain with the current owner. Upstairs, most of the major improvements have already been completed, with a thoughtful redesign for functional office space. Finish work remains, offering an excellent opportunity for an owner-user to create their own style or complete the space for additional rental income. There is ample office space to accommodate both owner use and rental income potential. Conveniently located near the City of Chico parking lot, with additional street parking directly in front, the property offers easy access for patrons. This is a rare opportunity to acquire an improved downtown property while still providing room for the next owner to incorporate their own ideas.
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Listed by Kimberly Shaffer with Century 21 Select Real Estate, Inc. (530) 345-6618
Property Type
Business Opportunity
Status
Active
MLS Number
SN26041739
Year Built
1885
Lot Size
2,178 sq ft