Address
1345 Feather River BLVD OROVILLE, CA
Price
$ 465,000
Property Attributes
  • MLS#ML81811963
  • TypePending
  • CountyBUTTE
  • CityOROVILLE
  • Zip95965
  • Style
  • Price$ 465,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5734
  • Lot Size0.32 Acres
Listing Provided Courtesy Of:
Marco Barretto with NAI Northern California.
Property Description

The Time Square Shopping Center is a fantastic opportunity to own a strip of retail just north of Sacramento and 20 minutes from Chico. It is conveniently located near Oroville's main retail corridor off of Montgomery Street. This multi-tenant retail strip center presents itself with long-term leases and an opportunity to achieve a double-digit cap rate with filled vacancies. The tenants are diverse and consistent, including a smoke shop, hair stylist, restaurant, and massage business. There is a small cottage located in the back of the complex with its own courtyard, the perfect addition for a caretaker or property manager. The building features a brand-new roof, new exterior paint, updated HVAC, and new fixtures throughout including light fixtures, toilets, and sinks. Almost all the units' interiors have been remodeled.

Price History
9/22/2020 Listed $465,000

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 95965

Price
AVG $340K
$470K
Visits
AVG 50
2
Year Built
AVG 1993
1962