Prominent building with a great location in Downtown Chico, walking distance to California State University, Chico (17,000 +/- Students). Property is within a QUALIFIED OPPORTUNITY ZONE which can offer exceptional tax benefits to a new investor / user. Active TYPE 47 (Restaurant/Liquor), TYPE 48 (Bar/Nightclub), and TYPE 58 (Catering) licenses from California Department of Alcoholic Beverage Control available for an additional $500k. Licenses not available separately. Building is demised for three separate tenants and currently occupied by two long term bar / restaurant establishments. Property includes finished basement, street, and mezzanine levels. Great location for many uses including bars, restaurants, various retail, and possible office space.
Listing courtesy of Calen Chapman from Harris Commercial Real Estate
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