Historical Retail Sale Listing - Sol Mexican Grill Building In The Landmark

Retail For Sale

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Sol Mexican Grill Building In The Landmark

3269 Esplanade, Chico, CA 95973

N/A

6,175 SF | Retail

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Retail Property - Off Market

Price:
N/A
Building Size:
6,175 SF
Property Type:
Retail
Property Sub-type:
Free Standing Bldg
Property Use Type:
Net Lease Investment with
3 years left on lease
Distressed:
Yes
Commission Split:
3%
Occupancy:
28%
Tenancy:
Multiple
Lot Size:
0.45 AC
APN / Parcel ID:
006-190-045
Listing ID
17062464
Last Updated
over 1 year ago

Description

Now partially leased and price reduced! Stunning Pre 1900 rustic warehouse style architecture. Zoned CN, Neighborhood Commercial which allows for many different uses for neighborhood services. Building is a total of 6,175 s.f. 1486 s.f. is a completed restaurant and now leased for 3 years. The remainder is 4,689 s.f. which is separated from the restaurant by a breezeway. 2,050 s.f. is finished as a banquet room w/ a large beverage bar and 2 baths. These two areas could be leased seperately or as one large space. Cap Rate not known at this moment.

Building is located in the Landmark, a business park of 6 other upscale professional office buildings. This building fronts on the Esplanade, a main street that runs through Chico north and south. Nearest cross-street is Eaton Rd. This northwest Chico area is in the path of future development for many more new homes and apartments.

Map of 3269 Esplanade, Chico, CA 95973 (Butte County)

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