For Sale
$1,000,000

1355 Washington AveOroville, CA 95965

Prime Fast Food Building, 100% Occupied

Overview

Added:
Dec 11, 2024
Days on market:
116
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.

Highlights

  • 1355 Washington Avenue, Oroville, CA 95965: 8,276 SF mixed-use building on a 0.19-acre lot (APN 013030010000), zoned NC.
  • Currently operating as a drive-through fast-food restaurant with 100% occupancy.
  • Single-story, Class A building with 1,495 SF of net rentable space.
  • $1,000,000 asking price; 10-year lease with renewal options in place.
  • Prime Oroville location offers high visibility and accessibility.

Property Details for 1355 Washington Ave

Property type
Mixed-use properties
Square Feet
8,276 SF
Class
A
Year Built
1984
Buildings
1
Stories
1
Lot Size (sq. ft)
8,276 SF
Units
1

Location Insight

City
Oroville
County
Butte
State
California
Latitude
39.5160541
Longitude
-121.5491539
1355 Washington Ave, Oroville, California

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1355 Washington Ave
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