Property profile

1901 Elgin St Oroville, CA 95966

FOR SALE
Wedding venues
Property ID
US09-1217623
Saved · see the list in your Dashboard

Property summary

AI-generated overview

Spanning over 5,000 square feet, this versatile commercial building presents an exceptional opportunity for investors, business owners, or organizations seeking a well-equipped event or gathering space. Formerly operated as a VFW, the property is thoughtfully laid out to accommodate large crowds and a wide range of uses.The expansive banquet hall offers an open floor plan with ample space for weddings, receptions, community events, fundraisers, meetings, or performances. A raised stage enhances the venues functionality, making it ideal for live music, presentations, or entertainment. The dedicated bar area is perfectly positioned for efficient service during events and social gatherings.The fully equipped commercial kitchen is designed to support catering operations, large-scale meal preparation, and food service, providing added value for event hosting or restaurant concepts. Additional features include multiple seating configurations, generous storage areas, and a layout that allows for easy customization to suit your business vision.With its proven history as a community gathering place and its existing infrastructure already in place, this property is well suited for an event center, banquet facility, private club, restaurant, performance venue, church hall, or other commercial ventures. A unique opportunity to own a spacious, functional building with endless potential.

Property profile

Verified
Property type Wedding venues
UPID US09-1217623

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Advocacy Group Social Service Agency

Location

1901 Elgin St Oroville, CA 95966
Oroville metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message