305 Nord Ave | Chico, CA 95926
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305 Nord Ave
Chico, CA 95926
Retail Property For Sale
Investment Highlights
- Central Chico restaurant with patio space and separate upstairs apartment
- Upstairs apartment with private entrance, updated flooring, and kitchen finishes
- Recently renovated restaurant with updated kitchen, bar, and outdoor patio space
- Located along busy Nord Avenue near CSU Chico, surrounded by student housing and retail businesses
Executive Summary
This renovated restaurant at 305 Nord Avenue in Chico, CA, features a modern kitchen with a new hood/ansul system, pass-through window, and ample prep space to support various food service concepts. Recent updates include a bar area connected to an outdoor patio, offering a welcoming space for patrons. The property also includes a storage area with a roll-up door for easy deliveries, two restrooms, and an on-site office. Upstairs, a separate-entry apartment with updated flooring and kitchen finishes provides additional rental or live-in potential.
Located on the active Nord Avenue corridor, this property sits near California State University, Chico, surrounded by student housing, eateries, and convenience stores. Its proximity to the university ensures steady foot traffic from students and faculty, while nearby public transit offers easy access for the broader Chico community. The area’s mix of residential and commercial activity makes it an ideal spot for a restaurant or cafe looking to serve a diverse and active customer base.
Located on the active Nord Avenue corridor, this property sits near California State University, Chico, surrounded by student housing, eateries, and convenience stores. Its proximity to the university ensures steady foot traffic from students and faculty, while nearby public transit offers easy access for the broader Chico community. The area’s mix of residential and commercial activity makes it an ideal spot for a restaurant or cafe looking to serve a diverse and active customer base.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,250 SF
Building Class
C
Year Built
1940
Price
$652,758 CAD
Price Per SF
$201 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.23
Lot Size
0.33 AC
Opportunity Zone
Yes
Zoning
C1
Parking
22 Spaces (6.77 Spaces per 1,000 SF Leased)
Frontage
119 ft on Nord Ave
PROPERTY TAXES
| Parcel Number | 043-230-014-000 | Improvements Assessment | $323,595 CAD |
| Land Assessment | $242,696 CAD | Total Assessment | $566,290 CAD |
PROPERTY TAXES
Parcel Number
043-230-014-000
Land Assessment
$242,696 CAD
Improvements Assessment
$323,595 CAD
Total Assessment
$566,290 CAD
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