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230 W 2nd Street
Chico CA 95928 US

$1,950,000

Active Listing ID SN24053933
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$1,950,000

Active Listing ID SN24053933
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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.

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Property Features

  • Facts
  • Property Type: Commercial Sale
  • Property Sub-type: Other

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 1950000
  • unparsedaddress: 230 W 2nd Street
  • postalcity: Chico
  • stateorprovince: CA
  • country: US
  • postalcode: 95928
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Square Feet
  • livingarea: 9768
  • livingareaunits: Square Feet
  • listagentfullname: Alisha Simpkins
  • listagentemail: alishasimpkins@kw.com
  • listagentkey: 3yd-MRMLSCA-CH157001045
  • listagentmlsid: CH157001045
  • listagentpreferredphone: 5303544244
  • listagentofficephone: 5308093700
  • listofficekey: 3yd-MRMLSCA-CHKWRCA
  • listagentstatelicense: 01772692
  • listofficemlsid: CHKWRCA
  • disclaimer: Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MRMLSCA
  • yearbuilt: 1906
  • listingcontractdate: 2024-03-26
  • listagenturl: http://www.thesimpkinsteam.com
  • countyorparish: Butte
  • parcelnumber: 004052008000
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • architecturalstyle: Other
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
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Listing Changed: 4/1/2024 10:36:58 PM GMT
Source Updated Date: 4/28/2024 6:53:11 AM GMT

Courtesy of: Alisha Simpkins, Keller Williams Realty Chico Area, alishasimpkins@kw.com

Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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