Technical
Financial
Distress signals
Property profile

1355 Washington Ave Oroville, CA 95965

OFF-MARKET
Mixed-use properties
8,276 SF 0.19 ac lot Built 1984
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Property summary

AI-generated overview

This exceptional mixed-use property at 1355 Washington Avenue in Oroville, California, presents a lucrative investment opportunity. The 8,276 square foot building, constructed in 1984, sits on a 0.19-acre lot (APN 013030010000) and is zoned NC. Currently operating as a full-service drive-through fast-food restaurant with indoor seating, the property boasts a strong 100% occupancy rate. The single-unit building features a Class A designation and is comprised of one story. The net rentable square footage is 1,495 square feet. The current leasee, who also owns the building, is prepared to sign a long-term lease, ensuring continued income for the new owner. This lease is currently a 10-year agreement with options to renew, providing significant stability and potential for long-term growth. The asking price for this turnkey investment is $1,000,000. This property offers a rare chance to acquire a well-established, high-performing commercial asset in a desirable location. Detailed financial information is available upon request. The property's prime location in Oroville, Butte County, California (zip code 95965) ensures high visibility and accessibility. This is an ideal opportunity for investors seeking a stable, income-generating property with significant upside potential. Don't miss this chance to secure a valuable asset in a thriving market.

Property profile

Verified
Property type Mixed-use properties
Year built 1984
Total area 8,276 SF
Lot 0.19 ac (8,276 SF)

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
  • Restaurant Take-out & Catering

Location

1355 Washington Ave Oroville, CA 95965
Oroville metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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
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