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14947206
14947197

225 Main St, Chico, CA 95928

BH
CA 01318261
Harris Commercial
Listed by Harris Commercial
$3,500,000
848 days on market
Updated 123 days ago
Opportunity zone

The Garden Walk Mall

Details
APN 004-082-014
Property Type Retail
Sub Type Restaurant, Shopping Center (+1)
Square Footage 23,444
Units 20
Tenancy Multi
Lease Type NNN
Lease Options 0
Price per SqFt $149
Broker Co-Op Yes
Class B
Year Built 1965
Year Renovated 1979
Stories 2
Lot Size (SqFt) 16,988
Zoning DN (Downtown North)
Investment Type Value Add
Tenant Credit No Credit Rating
Ownership Fee

Multi-Tenant Retail Building | 23,444 SF | Downtown Chico, CA

Marketing description

Located in the absolute core of Downtown Chico just steps from California State University, Chico, the subject property fronts onto Main Street between 2nd & 3rd Streets and runs all the way through the city block to Wall Street where the large municipal parking lot is located. This mixed-use building is currently configured as a well known walkable indoor mall with 20 leasable units consisting of various retail, personal services, restaurants, and office space.

Known as The Garden Walk Mall, the property offers an opportunity to continue with and improve upon the exiting layout and tenancy model or redevelop into a more traditional retail building able to accommodate tenants up to 23,450 SF. The footprint of the ground floor is approximately 16,950 square feet with a 2nd floor of approximately 6,500 square feet. The front 10,000 square feet is open clear-span arched wood truss construction and the rear 6,500 square foot, two-story section is CMU block with steel support columns.

The property is zoned DN (Downtown North) which accommodates many various uses including a wide range of retail, personal service, educational, cultural, and recreational uses, with office and residential uses above the ground floor. Allowable building height is 85’ and traffic counts on Main Street are approximately 15,000 ADT with huge pedestrian counts supported by the 15,000+ students enrolled at CSU, Chico just two blocks away.

The location offers the ability to have two main entrances to the property with one fronting onto Main Street as well as a 2nd entrance fronting the large municipal parking lot on Wall Street. Large signage is available on both the Main Street and Wall Street entrances, and there is street parking directly in front of the building on both sides.

Listing Contacts

BH
CA 01318261
Harris Commercial
Listed by Harris Commercial

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Additional Information

Name
Brandon Harris
License
01318261
Brokerage
Harris Commercial Real Estate Services
Title
President
Brokerage Address
647 Flume Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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