Chico, CA 95973 ·
6,175 SF · Retail For Sale
Sol Mexican Grill Building In The Landmark
|Building Size||6,175 SF||Occupancy||28%|
|Property Sub-type||Free Standing Bldg||Lot Size||0.45 AC|
|Property Use Type||Net Lease Investment with 3 years left on lease||APN / Parcel ID||006-190-045|
|Listing ID: 17062464||Date Created: 03/10/2011||Last Updated: 09/06/2011|
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.
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