230 W 2nd St , Chico, CA 95928
$1,950,000
Est. Payment: $10,702.33/mo
9768 Sqft
0.24 Acres
Status: Active | Days on site: 822
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CHKWRCA - CH157001045,CH157001277
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House 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.

Highlights

Listed by Alisha Simpkins , 530-809-3742 and Rob Haley , 530-809-3482 Keller Williams Realty Chico Area , 530-809-3700. CRMLS/Multi-Regional MLS mls logo

Property Type

Commercial Sale

Lot/Acreage
0.24

Year Built

1906

County

Butte

Listing ID

SN24053933

Questions about this listing?

Contact Agent

Interior Features

Water:Public

Exterior Features

Lot:Near Public Transit,Rectangular Lot,Street Level,No Land Lease
Others:
  • ▪ Additional:2+ Total Units
Principal Interest
$10,702
Taxes
$1,243

Home Price

$1,950,000

Loan Details

30 yrs
7.307%

Down Payment

20%
$390,000
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Monthly Price:
$10,702.33

Principal

Taxes

Principal Taxes HOA Total
Monthly $10,702.33 $1,243.13 $0.00 $11,945.45
Yearly $128,427.94 $14,917.50 $0.00 $143,345.44
Total $3,852,838.28 $447,525.00 $0.00 $4,300,363.28

Today's Rates

30 Year

7.31%

20 Year

7.2%

15 Year

6.65%

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Average Days on Market

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Market insight data is pulled from the same city as the listing being viewed (Chico, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-10-03T21:11:42.000Z

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