230 W 2nd ST, Chico, CA 95928
230 W 2nd ST, Chico, CA 95928
230 W 2nd ST, Chico, CA 95928
230 W 2nd ST, Chico, CA 95928
230 W 2nd ST, Chico, CA 95928
230 W 2nd ST, Chico, CA 95928
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Ruby Raymond

Ruby Raymond

+1(805) 201-6341
$ 1,950,000
Est. payment | /mo

10,454 Sqft Lot

Save
$ 1,950,000
Est. payment | /mo
Save

10,454 Sqft Lot

Key Details

Property Type Commercial

Sub Type Special Purpose

Listing Status Active

Purchase Type For Sale

MLS Listing ID SN24053933

HOA Y/N No

Year Built 1906

Lot Size 10,454 Sqft

Property Sub-Type Special Purpose

Property 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.

Location

State CA

County Butte

Interior

Fireplace No

Laundry Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup

Exterior

Fence Security

Utilities Available Electricity Connected, Sewer Connected, Underground Utilities, Water Connected

Building

Lot Description Near Public Transit, Rectangular Lot, Street Level

Story 2

Water Public

Others

Tax ID 004052008000

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Alisha Simpkins Keller Williams Realty Chico Area 530-354-4244, DRE #01772692

NEARBY SCHOOL & BUSINESS

REVIEWS

Ximena Ames Nugent

Professional & Paid Attention to My Needs

I am very impressed with the professionalism of this team! They worked very hard with terrific attention to details and respect for my needs. I would highly recommend Ruby and Patrick as they are knowledgeable, and dedicated to their clients.

Jeff M

Purchase

Ruby and the Raymond Team were great. We're in our new home right now writing this. Ruby helped make this happen and if you are looking for a home in the 5 Cities area I suggest you give Ruby a call. Thanks Ruby, SM

RonSteinback

The broker that everyone hopes to hire!

Patrick listed and sold two properties for me this year, and I intend to use him on a third transaction. Patrick is responsive and knows the local area. I am a broker myself, but located in southern California. Patrick is the broker that everyone hopes to hire!

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Over 23 years of real estate experience  has helped us perfect our results-driven buying and selling systems.

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Ruby Raymond
Ruby Raymond

Broker Associate | License ID: 01342959

+1(805) 201-6341 | homes@raymondteamre.com

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By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Ruby Raymond, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.