Property Description

Located in an absolutely ideal spot in Downtown Chico just steps from California State University, Chico, this restaurant and bar fronts onto Broadway between 2nd & 3rd Streets with prominent architecture, huge glass front entrance, and multiple heated patios. The property had a complete seven-figure remodel from the ground up in 2018 and is practically turn-key ready for an operator. Consisting of approximately 6,005 SF of building space and 3,555 SF of patio space, this property has the versatility for many food service uses. The location can’t be beat as it sits in the core of Downtown Chico surrounded on all sides by the many retail, personal services, financial, and restaurant operators on the ground floor with office and residential users above. There are options for a tenant to purchase a user agreement for the existing Type 47 liquor license, the Type 58 caterer license, and all of the existing furniture, fixtures, and equipment. Downtown Chico has huge pedestrian counts supported by the 13,000+ students enrolled at CSU, Chico just two blocks away as well as the hundreds of businesses and swath of housing that surround the area. The downtown area has metered street parking (M-F 9am-6pm) as well as four street-level public parking areas and a three-story parking garage. Downtown Chico is also host to many year-round events including Thursday Night Market, Friday Night Concerts, Saturday Farmer’s Market, Taste of Downtown, Slice of Chico, Art & Wine Walk, Chico Live Concert Series, Harvest Sidewalk Sale, ARTober Fest, Christmas Preview, Ice Rink in the Plaza, and many more.