177 E 2nd, Chico, CA, CA 95928

Property Description

Prime opportunity now available in the heart of downtown Chico, just blocks from California State University, Chico! This iconic bar and restaurant has operated for over 40 years, and now the building is for Sale for $925,000. The first floor has been extensively renovated with quality and attention to detail throughout. This beautifully redesigned bar and dining space offers a 99-person capacity and an exceptional layout. Features include a well-designed bar, street-side patio seating, full commercial kitchen, dedicated dishwashing area, walk-in refrigeration, and a unique “living wall,” that enhance the overall ambiance. The sale could also include a valuable Type 47 liquor license, as well as all furniture, fixtures, equipment, and inventory for a total price off $1,075,000. See the business listing for total package on the building, assets, and liquor license. Please note, the business name is not included in the sale and will remain with the current owner. Upstairs, most of the major improvements have already been completed, with a thoughtful redesign for functional office space. Finish work remains, offering an excellent opportunity for an owner-user to create their own style or complete the space for additional rental income. There is ample office space to accommodate both owner use and rental income potential with the potential for two suites. Conveniently located near the City of Chico parking lot, with additional street parking directly in front, the property offers easy access for patrons. This is a rare opportunity to acquire an improved downtown property while still providing room for the next owner to incorporate their own ideas.