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1361 Esplanade Rd 5,852 SF Office Building Chico, CA 95926 $1,250,000 ($213.60/SF)
Investment Highlights
- 3 Buildings 1 Lot
- Income Potential
- Office Space
Executive Summary
THREE PROPERTIES. ONE PARCEL. ENDLESS POSSIBILITIES — RIGHT ON THE ESPLANADE! What an incredible opportunity to own three separate Chico properties on one parcel, ideally located along one of Chico’s most iconic and recognizable streets — The Esplanade! With a unique combination of residential and commercial potential, multiple buildings, flexible floor plans, and incredible visibility, this property opens the door to so many possibilities. Whether you’re looking for an investment opportunity, office space, multi-generational living, rental income, or a live/work setup, this is a property you truly have to see to appreciate. 1361 Esplanade is full of character and offers an impressive amount of space. The upstairs features three private rooms/offices, a spacious common area, and a full bathroom. Downstairs you’ll find a welcoming entry, a large front office highlighted by a beautiful curved window, an additional office with built-in bookshelves, a kitchen, two additional rooms/offices, and a half bathroom. There is even a basement providing additional usable space and storage. 121 W. 4th Avenue offers another incredibly flexible layout with multiple private offices, a full bathroom, additional half bathroom, workspace, kitchenette, dining area, open office space, and its own front entry — making it ideal for a variety of professional, creative, rental, or live/work uses. 1351 Esplanade adds even more opportunity with its own private entry, four bedrooms/rooms, kitchen, full bathroom, and two HVAC units. All of this sits in a highly visible location along The Esplanade, just minutes from Downtown Chico and surrounded by established businesses, neighborhoods, restaurants, shopping, and everything Chico has to offer. Three buildings. Multiple income streams. Residential and commercial possibilities. One incredibly rare Chico property. Whether you’re an investor, business owner, or someone with a vision for something truly unique, this is an opportunity you won’t want to miss!
Property Facts
Sale Type
Owner User
Property Type
Building Size
5,852 SF
Building Class
B
Year Built
1910
Price
$1,250,000
Price Per SF
$213.60
Tenancy
Single
Building Height
1 Story
Typical Floor Size
5,852 SF
Building FAR
0.21
Lot Size
0.65 AC
Zoning
OR, Chico
Amenities
- Courtyard
- Kitchen
- Partitioned Offices
1 1
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 003-034-018-000 | Improvements Assessment | $702,270 |
| Land Assessment | $416,160 | Total Assessment | $1,118,430 |
Property Taxes
Parcel Number
003-034-018-000
Land Assessment
$416,160
Improvements Assessment
$702,270
Total Assessment
$1,118,430
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Contact the Sale Advisor
1361 Esplanade Rd