Great opportunity to own a mixed-use income property in a convenient central Chico location near downtown and Enloe Medical Center. This well-located, established building offers three separate units, including two commercial suites and one residential unit, making it ideal for investors or an owner-user. The front commercial suite is currently vacant, offering flexibility for an owner-operated business or new tenant occupancy at market rates. The middle commercial suite is occupied, providing existing income, while the rear residential unit is also tenant-occupied, creating additional steady cash flow. The property features a driveway in front plus a rear parking lot, offering valuable on-site parking for tenants, customers, or residents. A flexible layout, mixed income streams, and a highly accessible location make this a versatile property with strong potential.
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
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Total Sq. Ft.
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Year built
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Style
Multi-Family (2-4 Unit)
County
Butte County
APN
006100065000
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Last updated by owner on Jan 29, 2026.
R1
AC
Low Density Residential District
The R1 zoning district is applied to areas appropriate for traditional neighborhoods consisting of attached or detached single-family housing units. Permitted densities range from a minimum of 2.1 to a maximum of 7 units per acre. The R1 zoning district is primarily intended to implement the Low Density Residential land use designation of the General Plan.
Zone overlays
Airport, Commercial District
Permitted uses
Include but are not limited to:
Livestock production
Garden center
Day care facility
Housing-Single unit
Housing-Senior
Housing-Other
Recreation
Housing-Mobile home park
Historical weather
Chico, CA • 95926
Average low and high temperatures (°F)
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92
63
80
53
63
45
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43
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Sun exposure
90/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in Chico. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.7 hrs
6.1 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 165 Rio Lindo Ave
$566,527
$23K under list price of $590K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $420K to $603K.