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$390,000
1020 Main Street
Chico, CA 95928
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Opportunity to acquire a fully leased, low-management restaurant investment property at a low price point in downtown Chico. Located at 1020 Main Street, this approximately 2,000 SF building is leased to Carnitas El Rincon, a 22-unit Mexican Restaurant operator, on a 5-year lease commencing May 1, 2025, with set annual rent increases built in. This well-positioned asset benefits from its history as a longstanding restaurant location spanning many decades, offering strong visibility and established restaurant use in one of Chico's most recognizable commercial corridors. The property also features a rear patio/storage area and a large private parking lot, a valuable amenity in the downtown... Read More
Main Street past 9th St
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