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Offered at $2,750,000, the Heritage Inn Express is a high-visibility and well-known 36 room hotel, located right in the heart of downtown Chico California. This fantastic investment provides a rare opportunity to acquire a property in the hospitality segment of the market with tremendous upside for an incoming owner/operator. With its close proximity to not only the downtown area, but also Chico State University and Enloe Hospital, the property has the potential to draw from multiple different occupant demographics. Residents can easily walk to the many shops, well-known restaurants, Thursday night Farmer's Market, concerts in the park and other opportunities that the beautiful downtown area has to offer. Many of the units have already been nicely updated with newer flooring, paint and fixtures and the property has been priced significantly below market to allow for remaining improvements to be completed. ***In addition to all of the benefits offered by the property itself, very attractive owner financing is also available, helping to ensure tremendous positive cash flow from day one.
Property Type(s):
Commercial
| Last Updated | 11/13/2025 | Year Built | 1900 |
|---|---|---|---|
| County | Butte |
Additional Details
| LOT | 0.74 acre(s) |
|---|---|
| LOT DESCRIPTION | Rectangular Lot |
| STORIES | 1 |
| WATER | Public |
Location
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Listed with Re/Max of Chico
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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