Three-tenant retail building prominently positioned along Mangrove Avenue. The property is configured into three separately metered units: 1411 Mangrove Avenue, a 600 SF suite occupied by Pet Couture since 2010, month-to-month term; 1413 Mangrove Avenue, a 1,000 SF suite occupied by Phyzique Gym since 2016, month-to-month term; and 1417 Mangrove Avenue, a 1,200 SF vacant restaurant space formerly built out and operated by Pizza Hut. The restaurant suite offers substantial existing infrastructure, including a walk-in refrigerator and freezer, Type I and Type II hoods, multiple sinks, a high-capacity water heater, oversized HVAC systems, and ample electrical power. The space presents a strong opportunity for a restaurant, catering operation, commissary kitchen, or similar owner-user. With two established tenants in place and a well-improved vacant suite, the property is well suited for an investor seeking additional upside or an owner-user looking to offset occupancy costs with rental income. Additional features include front and rear parking, prominent pole and façade signage, newer mini-split HVAC systems, and separately metered gas and electricity.
| MLS # | SN26155814 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| Sub-Type | Resale |
| Status | Active |
| Year | 1958 |
| Days On Site | 41 |
| Listing Provided By | Harris Commercial Real Estate | Brandon Harris |
| SQ Feet | 2,802 |
|---|---|
| Story(s) | 1 |
| Acreage | 0.22 |
| Heating | Central |
|---|---|
| Heating Yes / No | Yes |
| Lot Features | Near Public Transit |
|---|
| State | CA |
|---|---|
| County | Butte |
| City | Chico |
| Zip Code | 95926 |
| Listing VS Median (in 95926) | |
Price: $575,000 low | high Med: $8,140 sqft: 2,802 low | high Med: 7,078 $ / sqft: $205 low | high Med: $1 On site: 41 low | high Med: 759 | |
| State | CA |
|---|---|
| County | Butte |
| City | Chico |
| Zip Code | 95926 |
| Listing VS Median (in 95926) | |
Price: $575,000 low | high Med: $8,140 sqft: 2,802 low | high Med: 7,078 $ / sqft: $205 low | high Med: $1 On site: 41 low | high Med: 759 | |