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Millman Team Real Estate

$1,495,000
0.62 Acre Lot

605 Mangrove Avenue, Chico, California 95926

  • Commercial Sale Property Type
  • 2007 Year Built
Property 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.

Basic Details
Commercial Sale
For Sale
SN26207812
$1,495,000
2007
0.62 Acre
Active
Retail
Features
: Central
: None
$0
Address Map
CA
Butte
Chico
95926
Mangrove
605
Avenue
W122° 9' 49.3''
N39° 44' 3''
Corner of Vallombrosa and Mangrove Ave
Additional Information
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$0
$0
$0
$0
11392
1
: Corner Lot, Lawn
2026-09-23
1
: Public
Broker/Agent Information
Commercial Brokers of California
Michael Donnelly
Listing Information
Brian Littrell
ch157000973
SNCBC
Commercial Brokers of California
CH186040019
SNCBC
Active
2026-09-24T00:03:11Z
CRMLS
: Standard
2026-09-23T09:23:00Z
Agent info
Jon Millman
21250 Hawthorne Blvd, Suite 750, Torrance, CA 90503
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