131 Broadway St

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131 Broadway St

Chico, CA 95928
Asking Price
$895K
Asset Type
Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Retail property measuring 2,640 square feet available for purchase
  • Located on Broadway Street in the Chico downtown district
  • Asking price for the commercial asset is $895,000
  • Positioned within the central business hub of Butte County
  • Versatile floor plate suitable for retail or office use

What's Special

This retail asset encompasses 2,640 square feet at 131 Broadway St in Chico, California. Situated in the heart of Butte County, this property benefits from the steady economic activity found in the historic downtown corridor of this growing university town. The area attracts consistent foot traffic from local residents, students, and visitors, making it a viable location for various commercial operations. Investors and business owners will find the positioning within the 95928 zip code suitable for a boutique retail storefront, specialized service provider, or creative professional office space. The building layout allows for versatile interior configurations depending on the specific operational requirements of a tenant or owner-occupant. With its established street presence in a central municipal hub, the property stands as a functional addition to an investment portfolio or a dedicated site for a business headquarters looking to leverage proximity to regional amenities and civic infrastructure.

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NOI
$80,000
Cap Rate
8.94%
DSCR
1.51
Strong
Cash-on-Cash
10.01%
Monthly Payment
$4,427.972
Annual Cash Flow
$26,864.34

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