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Investment Highlights
- Building has owned solar and sits on an oversized private parking lot
- Located within a designated Opportunity Zone with Walk Score of 97
- Three-parcel site totaling ±0.8 acres zoned DS - Downtown South Commercial
Executive Summary
601 Main Street is a ±7,933 square foot single-story office building situated on a hard corner in the heart of downtown Chico. Built in 1986, the property sits on a ±0.4-acre main parcel with two adjacent ±0.2-acre lots, totaling ±0.8 acres. These additional parcels offer flexibility for expanded parking, building additions, or future redevelopment. Zoned Downtown South Commercial (DS), the site supports a range of professional uses and includes an owned solar system. Its efficient layout and street-level access align with ongoing demand from office tenants seeking connectivity and convenience. Set within a walkable commercial corridor with a Walk Score of 97, the property benefits from immediate access to services, dining, and downtown amenities. Surrounded by established businesses including Shubert’s Ice Cream, Wild Ink Press, and Nichols, Melburg & Rossetto, the location supports a strong tenant mix. The site offers direct access to city arterials and is minutes from Highway 99. A large on-site parking lot adds value in this high-demand area. Additionally, the property is located within a designated Opportunity Zone, offering potential tax benefits for qualifying investors.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
7,933 SF
Building Class
B
Year Built
1986
Price
$2,075,000
Price Per SF
$261.57
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
7,933 SF
Building FAR
0.46
Lot Size
0.40 AC
Opportunity Zone
Yes
Zoning
00
Parking
58 Spaces (7.31 Spaces per 1,000 SF Leased)
1 1
Walk Score®
Walker's Paradise (97)
Bike Score®
Very Bikeable (84)
Property Taxes
| Parcel Number | 004-252-013-000 | Improvements Assessment | $850,000 |
| Land Assessment | $450,000 | Total Assessment | $1,300,000 |
Property Taxes
Parcel Number
004-252-013-000
Land Assessment
$450,000
Improvements Assessment
$850,000
Total Assessment
$1,300,000
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601 Main St
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