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Restaurant with Basement | Downtown Chico, CA 131 Broadway St 2,640 SF Retail Building Chico, CA 95928 $1,347,063 CAD ($510.25 CAD/SF)
INVESTMENT HIGHLIGHTS
- Prime Downtown location just steps from CSUC
- Outdoor patio with expansion potential
- Surrounded by Chico’s most popular restaurants, bars, and shops
- Clear span construction with flexible layout
- Iconic building with long-standing restaurant history
- High pedestrian and vehicle traffic
EXECUTIVE SUMMARY
Prime Downtown Chico Restaurant Property – 131 Broadway Street
Located in the heart of Downtown Chico between 1st and 2nd Streets, just a half block from California State University, Chico, this mid-size restaurant building offers a rare opportunity to own real estate in one of the most vibrant and high-traffic blocks in the city. Formerly home to Smokin’ Mo’s BBQ for over 20 years—and with a legacy of successful restaurant operations spanning decades—131 Broadway boasts both charm and proven performance.
The ±2,640 SF main level features a spacious dining area with tall ceilings, exposed original brick walls, rustic hardwood flooring, and abundant natural light from skylights. The open kitchen includes a 12-foot hood with Ansul fire suppression system, prep area, walk-up cashier’s counter, and self-serve beverage station. Guests can also enjoy the large rear patio—approximately 1,700 SF—with plenty of room to expand the outdoor dining experience.
The ±1,800 SF basement offers excellent utility and functionality with an employee locker area, office area, mechanical room, storage space, walk-in refrigerator, sidewalk hatch for deliveries and easy utility modification.
This is a great opportunity to purchase an affordable restaurant property in a downtown location that truly can’t be beat.
Located in the heart of Downtown Chico between 1st and 2nd Streets, just a half block from California State University, Chico, this mid-size restaurant building offers a rare opportunity to own real estate in one of the most vibrant and high-traffic blocks in the city. Formerly home to Smokin’ Mo’s BBQ for over 20 years—and with a legacy of successful restaurant operations spanning decades—131 Broadway boasts both charm and proven performance.
The ±2,640 SF main level features a spacious dining area with tall ceilings, exposed original brick walls, rustic hardwood flooring, and abundant natural light from skylights. The open kitchen includes a 12-foot hood with Ansul fire suppression system, prep area, walk-up cashier’s counter, and self-serve beverage station. Guests can also enjoy the large rear patio—approximately 1,700 SF—with plenty of room to expand the outdoor dining experience.
The ±1,800 SF basement offers excellent utility and functionality with an employee locker area, office area, mechanical room, storage space, walk-in refrigerator, sidewalk hatch for deliveries and easy utility modification.
This is a great opportunity to purchase an affordable restaurant property in a downtown location that truly can’t be beat.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,640 SF
Building Class
B
Year Built
1900
Price
$1,347,063 CAD
Price Per SF
$510.25 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.61
Lot Size
0.10 AC
Opportunity Zone
Yes
Zoning
DN - Downtown North zoning allows for a multitude of retail and restaurant uses.
Frontage
32’ on Broadway St
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Smokin' MO's Barbecue
- Retailer
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Smokin' MO's Barbecue | Retailer | - | - | - |
Walk Score®
Walker's Paradise (91)
Bike Score®
Biker's Paradise (92)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 004-071-013-000 | Improvements Assessment | $221,090 CAD |
| Land Assessment | $242,823 CAD | Total Assessment | $463,913 CAD |
PROPERTY TAXES
Parcel Number
004-071-013-000
Land Assessment
$242,823 CAD
Improvements Assessment
$221,090 CAD
Total Assessment
$463,913 CAD
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Restaurant with Basement | Downtown Chico, CA | 131 Broadway St
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