605 Mangrove Ave , Chico, CA 95926
$1,495,000
Est. Payment: $8,205.12/mo
11392 Sqft
0.62 Acres
Status: Active | Days on site: 10
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SNCBC - CH186040019,ch157000973
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House Description

Now is your chance to invest in a first class commercial retail center at a great price. The Shops at Mangrove is a clean, modern commercial center, offering an investor an excellent return on investment (ROI). 605 Mangrove consists of two buildings (Four End Caps!) with beautifully designed architecture, both on a high traffic corner with some of the best signage in town. Currently there are five retail units for a total of 11,392 square feet. Tenants include Genkai Sushi, Green Light Fitness, Jersey Mikes and Noodle House. This is a high profile gateway corner to Downtown Chico and Chico State University, and a daily needs drive by location. The center is located across from Bidwell Park and near Chico High School, Chico Junior High School, Post Office and across from Chipotle and Safeway anchored shopping center. The Shops at Mangrove offers a town plaza feel with strolling walkways, bicycle parking and outdoor seating areas. The improvements are situated on ground-leased land, creating an opportunity to acquire a quality retail shopping center investment at a substantially lower purchase price than would typically be required for a comparable shopping center property. This structure provides an attractive lower barrier to entry for investors seeking retail real estate ownership, established tenancy and a high-profile location.

Highlights

Listed by Michael Donnelly , 530-828-0011 and Brian Littrell , 530-514-9035 Commercial Brokers of California , 530-828-0011. CRMLS/Multi-Regional MLS mls logo

Property Type

Commercial Sale

Lot/Acreage
0.62

Year Built

2007

County

Butte

Listing ID

SN26207812

Questions about this listing?

Contact Agent

Interior Features

Water:Public

Exterior Features

Lot:Corner Lot,Lawn,No Land Lease
Principal Interest
$8,205
Taxes
$953

Home Price

$1,495,000

Loan Details

30 yrs
7.307%

Down Payment

20%
$299,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$8,205.12

Principal

Taxes

Principal Taxes HOA Total
Monthly $8,205.12 $953.06 $0.00 $9,158.18
Yearly $98,461.42 $11,436.75 $0.00 $109,898.17
Total $2,953,842.68 $343,102.50 $0.00 $3,296,945.18

Today's Rates

30 Year

7.31%

20 Year

7.2%

15 Year

6.65%

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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: 2026-10-03T15:14:42.000Z

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