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$ 899,000
Est. payment /mo
New
2161 Feather River Oroville, CA 95965
0.93 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID SN26087304
HOA Y/N No
Year Built 1963
Lot Size 0.930 Acres
Property Sub-Type Retail
Property Description
Prime investment opportunity in a growing Oroville corridor! This income-producing property is home to a well-established and popular taqueria, offering immediate cash flow with an attractive 8% cap rate. Situated on a generous 0.93-acre lot, the property provides significant upside potential for future development. The existing structure features a commercial space currently occupied by the restaurant, along with a small apartment in the rear, ideal for additional rental income or owner occupancy. The expansive lot behind the building could be developed, presenting a rare chance to expand and maximize returns. Preliminary plans on an expanded drive though have already been done. Strategically located in an up-and-coming area with strong national tenancy positioned directly across from Applebee's and Dutch Bros this property benefits from excellent visibility, traffic, and continued growth in the surrounding area. Whether you're looking to expand your portfolio or capitalize on future development, this versatile property offers both stable income and long-term potential.
Location
State CA
County Butte
Interior
Heating Central
Fireplace No
Laundry None
Building
Lot Description Street Level
Story 1
Water Public
Others
Tax ID 035240029000
Special Listing Condition Standard
Listed by Kimberly Shaffer Century 21 Select Real Estate, Inc. 530-680-7685, DRE #01415693
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