1615 Main St Susanville, CA 96130-4558
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.