United StatesCaliforniaChicoEast Avenues1230 1250 Esplanade

1230 1250 Esplanade
1230 1250 Esplanade Chico, California 95926 United States

$895,000
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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...
.4734 Acres
Exterior
Commercial
Property type
1905
Year Built
SN23211909
Web Id
SN23211909
MLS ID
Chico Unified
School District
171
days ago

About 1230 1250 Esplanade

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.

Listing Courtesy of Coldwell Banker C&C Properties, Email/Phone : 530-828-0011

The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.

PROPERTY INFORMATION

Water
Public

EXTERIOR

Lot Description
StreetLevel
Listing Courtesy of Coldwell Banker C&C Properties, Email/Phone : 530-828-0011
Listing Courtesy of Coldwell Banker C&C Properties, Email/Phone : 530-828-0011
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