1230 1250 Esplanade

Chico, CA 95926

$840,000

Sold Price
N/A

bed Beds

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shower Baths

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1905

calendar_month Built

Property Description

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 Information

Close Price $840,000
Close Date Thursday, August 15th, 2024
Status Closed
MLS SN23211909
Type Commercial
Subtype Office
Year Built 1905
Lot Size 20,621
Structure Size N/A
DOM 200
Courtesy Of Coldwell Banker C&C Properties
Listing Agent Michael Donnelly DRE#01429436
Co-Listing Agent Brian Littrell DRE#01350075

Interior Features

Laundry Information
Location(s) None
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A

Exterior Information

Maps

Listing information courtesy of: Michael Donnelly, Brian Littrell, Coldwell Banker C&C Properties . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 18th, 2024 at 10:27 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.