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Roseann Oesterreich, CRS, GRI
FOR SALE
$895,000

1230 1250 Esplanade
Chico, CA 95926

Office, Business Opportunities
Commercial
6,179
Sq. Ft.
0.4734
Acre Lot
Listing Agent: Michael Donnelly - Coldwell Banker C&C Properties, 530-828-0011; mike@californianorthern.com
Home> California> Chico> 95926
Once, in a generation opportunity to purchase two iconic properties along the beautiful, world-renowned Esplanade, historic Gateway to downtown Chico. This offering includes "The Red tavern building", a 4,802 square-foot mixed use commercial building, and the "Nopel House", a beautiful, 1,379 square-foot home converted into an office building. Both buildings sit on two separate parcels and are being sold together because they share parking and patio lease space. The Nopel house at 1230 Esplanade is a classic Chico charmer, built in 1907 and beautifully restored into a contemporary commercial office. Perfect for any professional use for those who appreciate a stately location in a stylish business environment. Includes an exquisite side patio, currently leased to the Red Tavern. In the back is a large parking lot that is shared with the Red Tavern, and a small vacant yard area that might be utilized for future development or additional parking. The red tavern at 1250 Esplanade is a delightfully warm and colorful two-story commercial building constructed in 1905 with four units. The showpiece is the Red Tavern itself with approximately 1,776 sq ft of downstairs kitchen and fine dining space. The beautiful outdoor patio is leased from the adjacent property next door. The second ground floor commercial unit is approximately 1,248 Sq ft and is also leased to the Red Tavern. Two upstairs apartments approximately 816 Sq ft and 960 Sq ft are also fully leased. The Red tavern Business is not for sale only the real property, but will remain as tenant.
SN23211909
Commercial - Office, Business Opportunities, 1 Story
1905
Butte
0.4734 Acres
Public
1
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Listing Agent: Michael Donnelly - Coldwell Banker C&C Properties, 530-828-0011; mike@californianorthern.com
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Based on information from CRISNet MLS as of 4/27/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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