9
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$771,500
Est. payment /mo
8,276 Sqft Lot
New
1355 Washington AVE Oroville, CA 95965
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Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID SN26087418
HOA Y/N No
Year Built 2018
Lot Size 8,276 Sqft
Property Sub-Type Mixed Use
Property Description
This is an exceptional investment opportunity featuring a fully equipped, turn-key drive-thru restaurant in a high-traffic Oroville location. Positioned on a busy roundabout connecting two major thoroughfare, providing direct access into downtown Oroville, this property benefits from outstanding visibility, easy ingress/egress, and a steady flow of traffic. The property is currently leased to a tenant who has recently signed a new three-year lease, offering immediate and stable income with an attractive projected 8% cap rate. Designed for efficiency and versatility, the building includes a convenient drive-thru window, a fully equipped commercial kitchen with hood and Ansul fire suppression system, and a walk-in cooler. The layout supports takeout, drive-thru operations and limited dine-in options, meeting the strong and consistent demand for quick-service dining options. With its prime location, strong traffic counts, and turnkey setup, this property presents an ideal opportunity for investors seeking reliable returns and long-term upside in a growing market.
Location
State CA
County Butte
Interior
Fireplace No
Laundry None
Building
Lot Description 0-1 Unit/Acre
Story 1
Water Public
Others
Tax ID 013030010000
Special Listing Condition Standard
Listed by Kimberly Shaffer Century 21 Select Real Estate, Inc. 530-680-7685, DRE #01415693
NEARBY SCHOOL & BUSINESS
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