1615 Main St Susanville, CA 96130
- Retail space
- 17,369 SF
- 1.60 lot acres
Current Use by Public Records
- higi / Health Consultant
- Coinhub Bitcoin ATM Teller / Atm
- Rite Aid Pharmacy / Pharmacy
- CDReload - Online Bitcoin ATM / Atm / Crypto Atm
- LibertyX Bitcoin ATM / Atm
Property Details for 1615 Main St
- Year built
- 2016
- Construction
- TILT-UP CONCRETE
- Lot size
- 1.60 lot acres
- Property size
- 17,369 SF
- Property type
- Retail space
- APN
- 105-152-013-000
- APU
- 105152013000
Description
This exceptional 17,369 square foot freestanding former drug store presents a remarkable investment opportunity. Situated on a 1.6-acre lot in the heart of Susanville, California (APN: 105-152-013-000), this single-story, 2016-built building boasts a highly desirable double drive-thru. The property is currently vacant, offering a blank canvas for a variety of retail uses. Its prime location at the intersection of Highways 36 and 139 ensures high visibility and accessibility, benefiting from proximity to major employers like High Desert State Prison and significant retail anchors including Grocery Outlet, Chevron, Susanville Supermarket IGA, Napa Auto Parts, US Bank, Sears Outlet, Burger King, Dollar Tree, Big 5 Sporting Goods, Dollar General, Auto Zone, Panda Express, Tractor Supply, Walgreens, Walmart, Taco Bell, JIB, Safeway, Ace Hardware, Marshalls, McDonalds, KFC, Plumas Bank, and Starbucks. Furthermore, its strategic location near Banner Lassen Medical Center, Lassen Community College, Lassen Sheriff/Detention Center, Diamond Mountain Casino/Hotel, Lassen High School, and Lassen Library guarantees a consistent flow of potential customers. All fixtures are included in the sale price of $3,200,000. Owner financing is available. The property is zoned for retail trade, making it an ideal location for a variety of businesses.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $5,905,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $6,110,000
- 6.5%
- $6,075,000
- 7%
- $6,325,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $5,270,000
- Geo Method
- $5,860,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $5,375,000
- Retail
- $5,985,000
- Mixed-Use
- $5,255,000
- Hospitality
- $6,075,000
- Educational
- $6,450,000
- Residential Income
- $5,520,000
- Energy
- $5,070,000
- Income-Based Land
- $6,235,000
- Food Service
- $5,035,000
Location Insight
- Map
- Local Demand
- City
- Susanville
- County
- Lassen
- State
- California
- Longitude
- -120.649
- Latitude
- 40.4161
- CBSA code
- 45000
- CBSA name
- SUSANVILLE, CA MICROPOLITAN STATISTICAL AREA