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650 Mangrove Ave
Chico, CA 95926
Retail Property For Sale
Investment Highlights
- Stand alone retail building
- Unique opportunity to capture the college student market and the regional tri-county area
- Busy Chipotle (179K visits in 2025 per Placer.ai) located adjacent to the property
- Monument signage available
Executive Summary
Chico is the center of economic activity for the tri-county area, serving Butte, Glenn, and Tehama counties. The city is a premier retail and services hub between Sacramento and Redding, drawing customers from a wide regional radius. The property is located less than half a mile from California State University, Chico with approximately 14,823 students enrolled in Fall 2025 on one of the busiest corners in Chico. Subject Site California State University, Chico Nearby traffic generators include Safeway, Chico Junior High School, Chico Community Center, One Mile Park & Sycamore Pool, and Caper Acres Park & Sycamore Field.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Drug Store
Building Size
21,825 SF
Building Class
C
Year Built
1980
Price
$3,500,000
Price Per SF
$160.37
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.50
Lot Size
1.00 AC
Frontage
243’ on Mangrove Ave
Property Taxes
| Parcel Number | 003-280-049-000 | Improvements Assessment | $1,976,025 |
| Land Assessment | $744,221 | Total Assessment | $2,720,246 |
Property Taxes
Parcel Number
003-280-049-000
Land Assessment
$744,221
Improvements Assessment
$1,976,025
Total Assessment
$2,720,246
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