337 W 3rd St, Chico, CA 95928

Property Description

Rare opportunity to purchase an historic and stately investment property just a block away from Chico State. Long time funeral home and chapel perfectly suited for a redevelopment project. Elegant and stately architecture in very good condition, with beautiful glass windows, natural lighting, classic stairwell and other unique features including an upstairs apartment. Residential Mixed Use Zoning allows for commercial, office and residential uses. A separate .21 acre parking lot across the street is also for sale for $216,000. Please note that there is an exclusion against any future funeral home or mortuary use. Please do not disturb current operator. The RMU district is characterized by predominantly residential development at medium to high densities. It allows for commercial or office uses on the same property as residential uses, either vertically or horizontally. It does not preclude development that is entirely residential or entirely commercial. Other primary uses, including certain commercial uses, may be allowed by right or with approval of a use permit in compliance with Table 4-2. The RMU zoning district is primarily intended to implement the Residential Mixed Use designation of the General Plan. Permitted densities range from a minimum of 10 to a maximum of 20 units per acre. Zoning Overlay: -L,-COS