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230 W 2nd St, Chico, CA, 95928
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230 W 2nd St Chico, CA, 95928

$1,950,000 Commercial for sale Comm Ind For Sale

Own a piece of Chico History! The El Rey Theater has gone by a few names in its lifetime, the Majestic Theatre, The National, The American, and finally the El Rey. Through all of the changes, it's maintained its long tradition of film screening and a performance venue. Originally commissioned to be built by the Chico Elks Lodge in the Spring of 1903, it opened its doors for the first time in 1906 as the home of the Chico Elks Lodge 423. The first floor, at street level, was leased to the Majestic Theatre Company which opened The Majestic Theater in Spring of 1906. The current owners began the renovation and restoration of the historic theater in 2017, investing in an entirely new state-of-the-art sound, lighting, and a high-definition LED video wall production. As a result of the remodel, the El Rey has become a popular performance and event venue, and with more renovations an expanded income is highly possible. This property also includes two additional street-facing suites. One unit is a food and beverage store, and the other is set up for a retail store, allowing for additional income opportunities. From the beginning until today, The El Rey Theater has not only provided community performance and cinema space for the city of Chico, but it has also served as a historic landmark
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Property details

9,768 sqft interior area
Land area
10,454 sqft (0.24 acres)
Days on Verhouse
53
Address
230 W 2nd St, Chico, CA, 95928
City of California
Chico
County
Butte
Year Built
1906
District
Listing

Nearby major retailers

Costco
Lowe's
Safeway
Trader Joe's
Wholesale: 1
Do it yourself: 1
Supermarket: 2
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Interior Features

Utilities Included
Electricity Connected, Other

Listed by

Alisha Simpkins, Keller Williams Realty Chico Area
Name
Alisha Simpkins
License number
01772692
Brokerage company
Keller Williams Realty Chico Area
MLS #
CRSN24053933

Payment calculator

Calculate your monthly payments
Mortgage
$5,987
Taxes
$0
HOA dues
$0
$5,987 per month
Mortgage
$390,000 / 20%
2.28%
30 years
Your amount $5,987 / month

Lot details

TMK #004052008000
Parcel nr.
004052008000

95928 info

Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
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no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data

People living in 95928

44%
Families with children
National average: 39%
47%
Non family households
112,015
Population
$76,686
Average Income

Age & gender

Median age 31 years
More info

Commute types

82% commute by car
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Education level

24% have college education
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Number of employees

10% work in education and healthcare
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Vehicles available

38% have 2 vehicle
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Vehicles by gender

38% have 2 vehicle
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Housing market insights for

$454.18k
Neighborhood average
sales price*
$420.55k
Neighborhood median
sales price*
298
Number
of sales*

Housing type

55% are single detacheds
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Rooms

42% of the houses have 4 or 5 rooms
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Bedrooms

68% have 2 or 3 bedrooms
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Owners vs Renters

52% are renters
More info
11.83 / 20
Above Average
15-20
10-15
5-10
1-5
Walkability according to the National Walkability Index

Price history

New Listing Mar 26, 2024
Date Event Price $/sqft Source
Mar 26, 2024 New Listing $1,950,000 0 MLS #CRSN24053933

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Frequently Asked Questions about 230 W 2nd St

What is 230 W 2nd St?

230 W 2nd St is a Commercial/Industrial propertywith 9,768 sqft interior space.

What is the rental income?

-

What is the full address of this Commercial?

230 W 2nd St, Chico, CA, 95928.

What comparable properties are nearby?

Comparable nearby commercial properties include 494 E 5th St, 609 Rancheria Dr, 1215 Mangrove Ave, 720 W 2nd Ave, 250 Cohasset Rd, 650 Rio Lindo Ave.

Based on information from the bridgeMLS as of 05-17-2024. 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.

Listing last updated on: Apr 01, 2024
Verhouse Last checked 2 minutes ago


The closest grocery stores are Chico Natural Foods Cooperative, 0.42 miles away and Safeway 1651, 0.66 miles away.
The 95928 zip area has a population of 112,015, and 44% of the families have children. The median age is 31.06 years and 82% commute by car. The most popular housing type is "single detached" and 52% is renter.
Commercial For sale $1.95m 230 W 2nd St, Chico, CA, 95928 Save House Remove from Saved