7967 Skyway Paradise, CA 95969
- Retail properties
- 3,000 SF
- 1.00 lot acres
Current Use by Public Records
- Paradise Tan / Tanning Salon
- Gilbertson Real Estate / Real Estate Agency / Property Management Company
- Debbie's Restaurant / Breakfast Restaurant
- Polished in Paradise / Nail Salon
- Gilson Real Estate / Real Estate Agency
Property Details for 7967 Skyway
- Year built
- 1978
- Lot size
- 1.00 lot acres
- Property size
- 3,000 SF
- Property type
- Retail properties
Description
This exceptional 3,000 square foot retail complex in Paradise, CA, presents a lucrative investment opportunity. Situated on a one-acre lot at 7967 Skyway, this well-maintained property boasts high visibility and traffic counts, ensuring consistent customer flow. The complex currently houses four established businesses: Debbies restaurant, The Shearlings/Gilbertson RE, Polished in Paradise, and Paradise Tan, generating a stable monthly rental income of $3,260. Recent upgrades enhance the property's value and appeal, including updated heating and cooling systems (2019) and a resealed parking lot (2024). The property benefits from its location within the proposed Town of Paradise sewer system expansion area, promising future infrastructure improvements. An adjacent lot, identified as Thomasson AP#051-152-017-000, is included in the sale, offering potential for expansion or additional development. This turnkey investment provides immediate cash flow and significant upside potential in a thriving community. The property's strong tenant occupancy and recent improvements make it an attractive proposition for discerning investors seeking a stable and profitable commercial venture. The combination of established businesses, high traffic location, and recent upgrades makes this a truly exceptional opportunity.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Paradise
- County
- Butte
- State
- California
- Longitude
- -121.61
- Latitude
- 39.7749
