1820 Oro Dam Blvd E, Oroville, CA 95966

Listing agent Listed by The Quach

Listing office DRE #01948537 Show Phone

Listing date Nov 29, 2024

Source Xome

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Overview

This commercial property presents an investment opportunity with a 1.89-acre lot and an 11,691 square feet two-story financial office building. Constructed in 1982, the property is currently tenanted by Bank of America, the second-largest bank in the U.S. by assets, along with other retail tenants. The property is located on the main street of Oro Dam Boulevard E and Lincoln Boulevard in Oroville City, offering convenient freeway access. The surrounding area includes car dealerships, pharmacies, groceries, and restaurants, contributing to significant foot traffic. There is potential for constructing new retail spaces to attract tenants such as Starbucks or McDonald's. The existing Bank of America tenancy provides a guaranteed monthly income, with additional income potential from other tenants. Furthermore, there are 4,414 square feet of available units for lease, including a spacious second level above Bank of America and two additional units. The 1.89-acre lot also offers extra space for further development.

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Hotel & Motel

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Oroville

County

Plumas

State

California

Longitude

-121.418

Latitude

39.479

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FAQs

What type of property is this?

Bank - 1.89 acre lot with 11,691 SF financial building.

Where is this bank located?

The property is located at 1820 Oro Dam Blvd E Oroville, CA.

What is the asking price?

The asking price for this property is $1,690,000.

What are key features of this property?

This property features: Large 1.89‑acre lot with a 11,691 sq ft commercial building; Bank of America is a major tenant, providing guaranteed monthly income; Additional 4,414 sq ft of leasable space available