Located in the core of Downtown Chico between 1st and 2nd Streets, just a half block from California State University, Chico, this mid-size restaurant building with basement offers a rare opportunity for an operator or investor to own affordable real estate in one of the most vibrant and high-traffic blocks in the city. Formerly home to Smokin’ Mo’s BBQ for over 20 years—and with a legacy of successful restaurant operations spanning decades—131 Broadway boasts both charm and proven performance.
The ±2,640 SF main level features a spacious dining area with tall ceilings, exposed original brick walls, rustic hardwood flooring, and abundant natural light from skylights. The open kitchen includes a 12-foot hood with Ansul fire suppression system, prep area, walk-up cashier’s counter, and self-serve beverage station. Guests can also enjoy the large rear patio—approximately 1,700 SF—with plenty of room to expand the outdoor dining experience.
The ±1,800 SF basement offers excellent utility and functionality with an employee locker area, office area, mechanical room, storage space, walk-in refrigerator, sidewalk hatch for deliveries, and easy utility modification.
Key Features:
-Prime Downtown location just steps from CSUC
-Clear span construction with flexible layout
-Outdoor patio with expansion potential
-Iconic building with long-standing restaurant history
-Surrounded by Chico’s most popular restaurants, bars, and shops
-High pedestrian and vehicle traffic
The income description goes here to explain
| List Price | $895,000 |
| Property Type | Retail |
| Usable Sqft | Unknown |
| Number of Stories | 2 stories |
| Parking Spots | 0 spots |
| Year Built | 1925 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 004071013000 |
| MLS # | SN25164708 |
| Property ID | 322005724 |
| Lot Sqft | 4,356 |
| Zoning | Unknown |
| Days on Market | 257 |
| Original List Price | $965,000 |
| Date Updated | February 13, 2026 |
| Date Created | June 16, 2025 |
Financials not available online. Please inquire with your agent for more details.
Brandon Harris an agent of Harris Commercial Real Estate. Lic #01318261
© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of February 13, 2026 The information being provided 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.
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California #02062862
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT