- $485k Price
- 1.51 Acres
- 229 DOM
406 Panama Avenue
Welcome to 406 Panama Avenue! This is a one-of-a-kind property in the heart of Chico. Not only is the lot size over 1.5 acres but it comes with a quality, mid-century 2,756 square foot home that boasts 4 bedrooms, 2 bathrooms, arched doorways, hardwood floors, sunny window seats, 2 fireplaces, large laundry room, extra-large family room and the list goes on. This property is zoned Light Manufacturing which allows for business, agricultural, manufacturing uses and more. This is an ideal live-work situation for someone looking to run their business and live in a charming home all in one place! The home and yard occupy .7 acres and the remaining .81 acres is fully fenced and gated, awaiting your imagination and creativity for the multitude of uses allowed. The long paved driveway, backyard paved parking pad and attached garage offer the ideal setup for multiple vehicles, recreational vehicles, boats, trailers, and more. All combined, this is one of the most unique, in-town Chico properties to come to the market in years. Don’t miss out on this one!
Essential Information
- MLS® #SN25239736
- Price$485,000
- Bathrooms0.00
- Acres1.51
- Year Built1948
- TypeCommercial Sale
- Sub-TypeMixed Use
- StatusActive Under Contract
Community Information
- Address406 Panama Avenue
- CityChico
- CountyButte
- Zip Code95973
Amenities
Utilities
Electricity Connected, Natural Gas Connected, Water Connected
Interior
- HeatingCentral
- CoolingCentral Air, Dual
- # of Stories1
Exterior
- ExteriorPlaster, Stucco
- RoofComposition
- ConstructionPlaster, Stucco
Lot Description
Agricultural, Back Yard, Lot Over 40000 Sqft, Rectangular Lot, Street Level
Additional Information
- Date ListedSeptember 17th, 2025
- Days on Market229
Listing Details
- AgentElke Haldorson
- OfficeeXp Realty of California, Inc.
Price Change History for 406 Panama Avenue, Chico, (MLS® #SN25239736)
| Date | Details | Change |
|---|---|---|
| Status Changed from Active to Active Under Contract | – | |
| Price Reduced from $585,000 to $485,000 | ||
| Status Changed from Active Under Contract to Active | – | |
| Status Changed from Active to Active Under Contract | – | |
| Price Reduced from $620,000 to $585,000 |
Elke Haldorson, eXp Realty of California, Inc..
Based on information from California Regional Multiple Listing Service, Inc. as of May 31st, 2026 at 6:51am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.