2490 Fair Street Chico, CA 95928
About the Property
Restaurant For Lease or Ground Rent Redevelopment Opportunity. Under utilized hard corner location ready for a complete transformation. Ideal for a new pad location, ground lease or straight lease (or possible sale). Last used as a sit down fine dining Mexican Restaurant. Perfect for QSR, coffee shop roaster, brew pub, bike shop, market, cafe, and many, many other uses. Ideally situated at a crossroads location in the heart of Chico's south commercial working district. This offering will redefine revitalization in the area, as Chico's Park Avenue corridor and "The Wedge" are redeveloped. The property is adjacent to Chico's premier bike path on the "Durham Loop" route, making it an ideal location for cool, outdoor dining and other activities. Hungry daytime workforce of nearly 10,000 workers within a one mile radius. More than 18,000 vehicles per day AADT. The Building may be split into two units allowing for smaller, more efficient restaurant operations and more profit for Tenant. It is acknowledged that Landlord is a licensed California Real Estate Broker.
|Lot Size||0.81 Acres|
|Listing Agent||Michael Donnelly|
|Listing Office||Coldwell Banker C&C Properties|
Listed by Michael Donnelly and Brian Littrell of Coldwell Banker C&C Properties. Listing data last updated 1/23/2022 at 11:37 AM PST.
Based on information from California Regional Multiple Listing Service, Inc. as of 12/30/2021 8:58 AM. 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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