997 E 16th Street

For Sale

997 E 16th Street, Chico, CA 95928

Located in Chico’s established residential area, the property offers convenient access to shopping, public transportation, and major city corridors. Nearby amenities and employment centers support long-term rental demand, while proximity to Sierra Nevada Brewing Co. and surrounding destinations enhances neighborhood accessibility and appeal.Located in Chico’s established residential area, the property offers convenient access to shopping, public transportation, and major city corridors. Nearby amenities and employment centers support long-term rental demand, while proximity to Sierra Nevada Brewing Co. and surrounding destinations enhances neighborhood accessibility and appeal.

Key features

  • Current cash flow with projected upside through future development and value-add improvements.
  • Existing residences provide immediate rental income and occupancy flexibility.
  • Potential for additional ADUs and future lot split opportunities, subject to approvals.
  • Three-home investment with development upside in Chico, CA.

Building Details

  • For Sale $935,000
  • Property Type Multi-Family
  • Property Size 3,854 SF
  • Units 3
  • Lot Size 0.83 Acre
  • Additional Rent Price on request
  • Building Class C
  • Year Built 1962
  • Year Renovated 2025
  • Date Updated Jul 24, 2026
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Reach out to the broker for more info on lease terms and amenities

Contacts

Matt Depa CCIM

Capital Rivers Commercial

Location

  • City Chico, CA
  • Neighborhood Chapmantown
  • Zip Code 95928
  • Walk score 51/100 Somewhat Walkable
  • Bike score 83/100 Very Bikeable
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Points of Interest

Chico

1.61 miles

ChargePoint

0.17 miles

ampm

0.50 miles

Costco Gasoline

0.51 miles

Tesla Supercharger

0.71 miles

Sinclair

0.74 miles

Arco

1.04 miles

Safeway Fuel Station

1.26 miles

Electrify America

1.29 miles

Speedway

1.37 miles

Valero

1.67 miles

Business Lane Parking

0.51 miles

Chico Mall Parking

0.61 miles

The Village Center

0.67 miles

Chico Park And Ride

0.78 miles

Municipal Building Lot

1.14 miles

Lowe's Parking

1.15 miles

Retail Parking

1.22 miles

Municipal Parking Lot 1.

1.25 miles

McDonald's Parking

1.26 miles

Touchless Car Wash

1.68 miles

Stadium Car Wash

2.07 miles

Jose's mobile carwash

2.50 miles

Enterprise

2.81 miles

Surf Thru Express

3.31 miles

Budget

3.45 miles

Sierra Nevada Brewing Company Taproom

0.12 miles

Hibachi Grill Buffet

0.28 miles

Logans

0.36 miles

Chili's

0.42 miles

Red Lobster

0.50 miles

Olive Garden

0.51 miles

In-N-Out Burger

0.51 miles

Taco Bell

0.51 miles

Applebee's

0.52 miles

IHOP

0.52 miles

FoodMaxx

0.40 miles

JCPenney

0.53 miles

Big Lots

0.60 miles

Chico Mall

0.62 miles

Walmart

0.62 miles

Target

0.72 miles

WinCo Foods

0.87 miles

Chico Natural Foods Cooperative

1.04 miles

Safeway

1.20 miles

TJ Maxx

1.28 miles

Chico Police Department

0.69 miles

CVS Pharmacy

1.05 miles

Butte County Sheriffs Office North County Services Center

1.29 miles

Campus Security Office

1.48 miles

Kindcare Pharmacy and Medical Supply

1.79 miles

Chico Fire Station Number 2

2.04 miles

Enloe Medical Center

2.18 miles

Walgreens

2.40 miles

Enloe Prompt Care

2.50 miles

Station Five

2.55 miles

Listing Summary

  • What is the asking price at 997 E 16th Street?

    997 E 16th Street is currently listed for sale at Price on request.

  • What is the total size of 997 E 16th Street?

    997 E 16th Street has a total of 3,854 square feet.

  • What is the year built for 997 E 16th Street?

    The year built for 997 E 16th Street is 1962.

Contact Matt Depa CCIM
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