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Retail Property in Revitalizing Area
For Sale
$100,000

2980 Myers Street, Oroville, CA 95966

Value-add retail property with renovation potential in Oroville, CA.

Property Size4,860 SF
Lot Size0.19 Acres
Price / SF$20.58
Days on Market122

Property Features for 2980 Myers Street

General Information

Standard status Active
Size 4,860 SF
Lot size 0.19 Acres
Property subtype Commercial/Industrial

Building Details

Year Built 1956
Listing Agency: Troy Davis Real Estate, Inc.
Listed By: Troy J Davis · License #01389131
Source: Exitrealty
Added: Apr 24 Changed: Aug 23 Last Checked: Aug 23 at 8:20AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Troy Davis Real Estate, Inc.

Investment Insights

Based on property information with market context.

This retail property, constructed in 1956, presents a value-add opportunity for investors or owner-users within a commercial area undergoing revitalization. The building encompasses approximately 4,860 square feet on a 0.19-acre lot. Its efficient footprint allows for potential reconfiguration or subdivision. The street-facing storefront, complete with display windows, offers visibility suitable for retail or commercial purposes. The interior features a largely open layout, providing flexibility for future customization. A bathroom is already in place. Rear alley access enhances functionality for deliveries, service access, or a secondary entry. The property is in original condition and requires renovation and modernization, which is reflected in the asset's positioning. This creates an opportunity to add value through capital improvements, redesign, and repositioning. Upgrades can be made to the ceiling systems, interior finishes, and building systems to meet current commercial standards. The surrounding area features a mix of restaurants, retail establishments, and financial services, supporting future leasing demand after improvements. The property has a bike score of 31, indicating it is somewhat bikeable, and a walk score of 66, indicating it is somewhat walkable. Owner financing is available for qualified buyers.

Key Highlights

  • Value‑add opportunity through renovation and modernization in a revitalizing commercial area.
  • Flexible 4,860 sq ft building on a 0.19‑acre lot suitable for reconfiguration or subdivision.
  • Street‑facing storefront with display windows for high visibility and exposure.

Property Analytics

Current Use

Thrift Mart Discount Store

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Home Appliance Store Catering Service Grocery & Convenience Store Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,218
Businesses Nearby
Under-served
Demand for This Use

Demographics for 95966, CA

31,591
Population
13,667
Households
2.3
Avg Household Size
44
Median Age
17%
College-Educated
88%
High-School Grad
170.2 sq mi
ZIP Area
186
Density / Sq Mi
$63,948
Median Household Income
$39,902
Median Earnings
$1,124
Median Rent
$309,300
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Similar Off Market Nearby

  • Florist 2330 Lincoln St, Oroville, CA 95966

Frequently Asked Questions

What type of property is this?
Storefront property - Value-add retail property with renovation potential in Oroville, CA.
Where is this storefront property located?
The property is located at 2980 Myers Street Oroville, CA.
What is the asking price?
The asking price for this property is $100,000.
What are key features of this property?
This property features: Value‑add opportunity through renovation and modernization in a revitalizing commercial area.; Flexible 4,860 sq ft building on a 0.19‑acre lot suitable for reconfiguration or subdivision.; Street‑facing storefront with display windows for high visibility and exposure.
More about this property
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