
Improved Mixed-Use Land for Sale in Chico, California
406 Panama Ave, Chico, CA 95973
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!
Location
- Street address
- 406 Panama Ave
- County
- Butte County
- School district
- Chico Unified
- Elevation
- 190 feet
Directions
Esplanade to Panama. Last house on the left.
Property details
- Acreage
- 1.51 acres
- Zoning
- ML-AOD, PD
- MLS #
- MRMLS SN25231386
- Posted
Parcels
- 006160034000
Details and features
Listing
- Type
- Residential
- Subtype
- Single Family Residence
Exterior
- Parking Spaces
- 2
- Parking
- Driveway, Garage, Paved or Surfaced, RV
- Fencing
- Fenced
- Features
- Agricultural, Back Yard, Biking Community Features Included, Fence, Hiking, Level With Street, Lot Over 40000 SQFT, Rectangular Lot
Structure
- Stories
- 1
- Heating
- Central
- Cooling
- Central Air
- Materials
- Plaster, Stucco
- Roof
- Composition
Interior
- Rooms
- Bathroom x 2, Bedroom x 4, Bonus Room, Kitchen, Laundry
- Flooring
- Vinyl, Wood
- Appliances
- Cooktop, Dishwasher, Garbage Disposer, Gas Cooktop, Microwave, Washer
- Features
- Bay Window(s) Window Features, Ceiling Fan(s), French Doors, Pantry, Screens
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Oct 3, 2025 | New listing | $620,000 | — | MRMLS |




























































