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1020 Main St
Chico, CA 95928

$390,000 USD

Restaurant For Sale • 2,080 SF

Property Details

Property Type Restaurant
Total Building Size 2,000 SF
Lot Size 0.24 AC
Building Class B
Year Built 1945
Cap Rate 7.57 %
Tenancy Single
Zoning DS (Downtown South)

30 Transit Score

60 Walk Score

                
                    Highlights
                
                                FULLY LEASED TO CARNITAS EL RINCON, A 22-UNIT OPERATOR
                            
                                5-YEAR LEASE COMMENCED MAY 1, 2025 WITH SET ANNUAL RENT INCREASES
                            
                                ANDLORD RESPONSIBILITY LIMITED TO THE ROOF, FOUNDATION, AND STRUCTURAL ELEMENTS
                            
                                RECENT BUILDING IMPROVEMENTS INCLUDE NEW INTERIOR/EXTERIOR PAINT, FLOORING, LIGHTING, ELECTRICAL PANEL, AND ROOF
                            
                                DOWNTOWN CHICO LOCATION WITH A LARGE PRIVATE PARKING LOT AND REAR PATIO/STORAGE AREA

Financial Summary (Proforma)

Net Operating Income: $29,515 USD (2026)

Cap Rate:	7.57 %
Total Expenses:	$9,845 USD

Major Tenants

Tenant	SF Occupied	Lease End Date
Carnitas El Rincon	2,000 SF	4/30/2030

Amenities

Restaurant

Public Transportation

Commuter Rail	Drive	Walk	Distance
	3 min	17 min	0.9 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	10
Type:	Surface
Included in Rent:	Yes

Brandon Harris 530-828-9289 Harris Commercial Real Estate Services

1020 Main St Chico, CA 95928