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Tucked just off a main street, 121 W. 1st Ave. is a hidden gem with the character of a 1905 Victorian and a location that puts so much of Chico within easy reach. A large wraparound porch welcomes you into this renovated two-story property, where soaring ceilings, gorgeous wainscoting, an updated kitchen, and renovated bathrooms blend historic character with everyday comfort. All four bedrooms are upstairs, while a finished basement with newly installed sheetrock adds even more flexible space, with paint matching and completion currently underway. The property features a complete six-zone ductless mini-split heating and cooling system, with six independently controlled indoor units served by two multi-zone outdoor heat-pump condensers. The remaining new HVAC unit has been installed, and all six mini-splits are fully operational, providing individualized heating and cooling throughout the property. More upgrades include, Fresh paint, the new HVAC system, six-zone mini-splits, and fiber connectivity for high-speed internet make this property especially well suited for a professional office, remote work, content creation, or anyone who values reliable internet and streaming. Live here, explore it as a rental or Chico State parent investment, use it as an office, or consider a combination of uses. Near Chico State, Enloe Hospital, downtown, shopping, restaurants, and freeway access, this is a rare opportunity to make a character-filled property work for your plans.

Highlights

  • Commercial Sale
  • Mixed Use
  • Built in 1905
  • 0.13 Acre Lot
  • 39 days on Market

  • Year Built
    1905
  • Stories
    2.0
  • Cooling
    Ductless, Central Air
  • Heating
    Ductless, Central, Fireplaces

  • Acres
    0.13
  • Lot Features
    Street Level
  • Utilities
    Cable Available, Sewer Available, Electricity Available, Phone Available, See Remarks
  • Water
    Public

  • County
    Butte
  • City
    Chico
  • Zip Code
    95926

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Frequently Asked Questions

How do I schedule a tour of 121 W 1?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 121 W 1.

They know commercial sales in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 121 W 1?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $499,900. We can talk through recent upgrades, potential seller motivation, how this mixed use compares to others in Chico, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 121 W 1?

With a 20% down payment and a 30-year fixed loan at an illustrative 6.75% rate, the ez Mortgage Calculator estimates the monthly payment for 121 W 1 at around $2,711. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 121 W 1?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Butte County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 121 W 1?

In most cases, yes. Whether 121 W 1 is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Chico's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 121 W 1?

We can handle that for you. Our preferred local agent specializes in commercial sales in Chico and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $499,900 with 1,946 sqft of space—that comes out to approximately $257 per square foot.

How long has this property been on the market?

121 W 1 was listed on September 28, 2026, which means it's been on the market for 39 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1905, making it approximately 121 years old.

What is the lot size of this property?

121 W 1 sits on a 0.13-acre lot, which is 5,663 square feet.

Is 121 W 1 still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Based on information from California Regional Multiple Listing Service as of November 06, 2026 at 07:47AM All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. This information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Last Updated: November 06, 2026 at 07:47AM | Source: California Regional Multiple Listing Service | MLS#: SN26211223