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1934 Esplanade Chico, CA 95926
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Key Details
Sold Price $1,200,000
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SN23051860
Sold Date 06/15/23
HOA Y/N No
Year Built 1951
Tax Year 2022
Lot Size 1.510 Acres
Property Sub-Type Hotel/Motel
Property Description
Rare opportunity to own the Matador Hotel. This historical Chico motel is a sprawling one-story building, built on an L-shape plan. White stuccoed walls with California Mission cloister-like arcaded passage contrast sharply against red-tiled roof and large palm trees. There are 31 rooms, 8 of those have kitchenettes. Sitting on over an acre and a half, there is lots of parking spaces, huge front lawn, and a fenced swimming pool. The property is in disrepair, and is looking for a new owner that can bring the motel back to its former glory.
Location
State CA
County Butte
Zoning CC
Interior
Heating See Remarks
Cooling See Remarks
Fireplace No
Laundry See Remarks
Exterior
Utilities Available Electricity Connected, Water Connected
Roof Type Spanish Tile
Building
Lot Description Near Public Transit
Story 1
Water Public
Others
Tax ID 003351003000
Financing Conventional
Special Listing Condition Trust
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Bought with Emmett Jacobi Century 21 Select Real Estate, Inc.
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