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406 Panama Avenue Chico, CA $ 620,000
406 Panama Avenue
$ 620,000
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406 Panama Avenue

Chico, CA, 95973
$ 620,000
Bedrooms-- Baths-- Sq 2,756

Monthly Estimate*

$ 3,868

Listed by eXp Realty of California, Inc.
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Commercial Property for sale in Chico, CA

for $620,000. This 2,756 square foot building was built in 1948 on a lot size of 1.51.

Welcome to 406 Panama Avenue! This is a one-of-a-kind property in the heart of Chico. Not only is the lot size over 1.5 acres but it comes with a quality, mid-century 2,756 square foot home that boasts 4 bedrooms, 2 bathrooms, arched doorways, hardwood floors, sunny window seats, 2 fireplaces, large laundry room, extra-large family room and the list goes on. This property is zoned Light Manufacturing which allows for business, agricultural, manufacturing uses and more. This is an ideal live-work situation for someone looking to run their business and live in a charming home all in one place! The home and yard occupy .7 acres and the remaining .81 acres is fully fenced and gated, awaiting your imagination and creativity for the multitude of uses allowed. The long paved driveway, backyard paved parking pad and attached garage offer the ideal setup for multiple vehicles, recreational vehicles, boats, trailers, and more. All combined, this is one of the most unique, in-town Chico properties to come to the market in years. Don’t miss out on this one!

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Commercial Active

Price

$ 620,000

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

1.51

Year Built

1948

Town/City

Chico

County/Region

Butte

MLS | Web ID

SN25239736

Days on Market

84

Features
General
Heating Central
Cooling Central Air Dual
Utilities Electricity Connected Natural Gas Connected Water Connected
Roof Composition
Security Features Smoke Detector(s)
Construction Materials Plaster Stucco
Year Built 1948
Property Subtype Mixed Use
County Butte
Property Type Commercial Sale
Special Listing Conditions Standard Trust
Status Active
Directions Esplanade to Panama. Last house on the left.
City Chico
Number Of Units Total 1
Lot Size Units Square Feet
Lot Size Square Feet 65776
Listing Terms Cash to New Loan Submit
Land Lease Y/N 0
Current Financing None
Additional Parcels Y/N 0
Lease Considered Y/N 0
Building Area Units Square Feet
Standard Status Active
Occupancy Type Owner
Year Built Source Public Records
Property Sub Type Additional Mixed Use
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Interior
Total Stories 1
Air Conditioning Y/N 1
Heating Y/N 1
Laundry Features Inside Laundry Room
Entry Level 1
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Exterior
Fencing Chain Link
Lot Features Agricultural Back Yard Lot Over 40000 Sqft Rectangular Lot Street Level
Water Source Public
Lot Size Area 65776
Building Area Total 2756
Lot Size Acres 1.51
Lot Size Source Public Records
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* Excluded Features
List By
Exp Realty Of California, Inc.

Broker

elke@hometownchico.com

Email

Affordability Calculator

$3,868
Per Month
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Monthly Principal & Interest
$3,868
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/28/2025$620,000 Listed Price

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406 Panama Avenue, Chico, CA, 95973 is a Commercial Property for sale at $620,000 with 2,756 sqft and a lot size of 1.51. 406 Panama Avenue was built in 1948. The property's zip code is 95973 which is in Chico, CA