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Nicolas Romo
Direct Office:
800-659-4610
sellingcasas@gmail.com

DRE# 01787685
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Nicolas Romo
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Direct Office:
800-659-4610
sellingcasas@
gmail.com

DRE# 01787685
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230 W 2nd Street,  Chico CA, 95928

(Active)
$1,950,000
|
9,768 sqft
|
MLS# SN24053933
Last Updated: 5/16/2024 2:29 PM
Description for 230 W 2nd Street Chico, CA 95928
Own a piece of Chico History! The El Rey Theater has gone by a few names in its lifetime, the Majestic Theatre, The National, The American, and finally the El Rey. Through all of the changes, it's maintained its long tradition of film screening and a performance venue. Originally commissioned to be built by the Chico Elks Lodge in the Spring of 1903, it opened its doors for the first time in 1906 as the home of the Chico Elks Lodge 423. The first floor, at street level, was leased to the Majestic Theatre Company which opened The Majestic Theater in Spring of 1906. The current owners began the renovation and restoration of the historic theater in 2017, investing in an entirely new state-of-the-art sound, lighting, and a high-definition LED video wall production. As a result of the remodel, the El Rey has become a popular performance and event venue, and with more renovations an expanded income is highly possible. This property also includes two additional street-facing suites. One unit is a food and beverage store, and the other is set up for a retail store, allowing for additional income opportunities. From the beginning until today, The El Rey Theater has not only provided community performance and cinema space for the city of Chico, but it has also served as a historic landmark that binds the entirety of its downtown cityscape.
Price
$1,950,000
Butte
9,768 (approx)
SN24053933
Active
Description
Own a piece of Chico History! The El Rey Theater has gone by a few names in its lifetime, the Majestic Theatre, The National, The American, and finally the El Rey. Through all of the changes, it's maintained its long tradition of film screening and a performance venue. Originally commissioned to be built by the Chico Elks Lodge in the Spring of 1903, it opened its doors for the first time in 1906 as the home of the Chico Elks Lodge 423. The first floor, at street level, was leased to the Majestic Theatre Company which opened The Majestic Theater in Spring of 1906. The current owners began the renovation and restoration of the historic theater in 2017, investing in an entirely new state-of-the-art sound, lighting, and a high-definition LED video wall production. As a result of the remodel, the El Rey has become a popular performance and event venue, and with more renovations an expanded income is highly possible. This property also includes two additional street-facing suites. One unit is a food and beverage store, and the other is set up for a retail store, allowing for additional income opportunities. From the beginning until today, The El Rey Theater has not only provided community performance and cinema space for the city of Chico, but it has also served as a historic landmark that binds the entirety of its downtown cityscape.
Listing Information
Property Type: Retail, Business Opportunities, 2 Story
0.24 Acres Assessor 9,768 (approx)
1906 2
Public
Electricity Connected,Sewer Connected,Underground Utilities,Water Connected
1 Total
Neighborhood
Room Information
Washer Hookup,Electric Dryer Hookup,Gas Dryer Hookup
Exterior / Lot Features
0 Covered Parking Spaces,
Security
Near Public Transit,Rectangular Lot,Street Level
Driving Directions
From Broadway St, Turn Right onto W 2nd St, Property is on the Right-Hand Side.
Financial Considerations
004052008000
Cash,Cash to New Loan
Listing Price History

Chico Real Estate

Chico is located in California. Chico, California 95928 has a population of 91,170.

The median household income in Chico, California 95928 is $57,414. The median household income for the surrounding county is $56,221 compared to the national median of $66,222. The median age of people living in Chico 95928 is 38 years.

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Listing Agent: Alisha Simpkins CalDRE: 01772692 - Keller Williams Realty Chico Area, 530-354-4244
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This content last refreshed on 5/16/2024 2:29 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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