230 W 2nd Street, Chico 95928

$1,950,000

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10,454

Lot Size

Listing Agent
Alisha Simpkins - Keller Williams Realty Chico Area

About 230 W 2nd Street

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.

Features of 230 W 2nd Street

MLS® # SN24053933
Price $1,950,000
Bathrooms 0.00
Lot Size 10,454
Year Built 1906
Type Commercial Sale
Sub-Type Special Purpose
Status Active
# Of Units 3

Community Information

Address 230 W 2nd Street
City Chico
County Butte
Zip Code 95928

Amenities

Utilities Electricity Connected, Sewer Connected, Underground Utilities, Water Connected
Is Waterfront No
Has Pool No

Interior

Has Basement No
Fireplace No
# of Stories 2

Exterior

Lot Description Near Public Transit, Rectangular Lot, Street Level

Additional Information

Date Listed March 26th, 2024
Days on Market 896
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentAlisha Simpkins
OfficeKeller Williams Realty Chico Area

Listing Map

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