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34418060
21531966

1355 Washington Ave, Oroville, CA 95965 For Sale

KS
01415693
Century 21 Select Real Estate Chico
Listed by Century 21 Select Real Estate Chico
$771,500
529 days on market
Updated 2 days ago

1355 Washington Avenue

Details
APN 013-030-010-000
Property Type Retail, Mixed Use
Sub Type Restaurant, Drive Through
Square Footage 1,495
Net Rentable (SqFt) 1,495
Units 1
Tenancy Single
Lease Type NNN
Class B
Year Built 2018
Buildings 1
Stories 1
Acreage 0.190
Zoning NC - Neighborhood Commercial
Ground Lease No
Sale Condition N/A

A rare opportunity to step into a move-in-ready restaurant

Marketing description

This is an exceptional investment opportunity featuring a fully equipped, turn-key drive-thru restaurant in a high-traffic Oroville location. Positioned on a busy roundabout connecting two major thoroughfare, providing direct access into downtown Oroville, this property benefits from outstanding visibility, easy ingress/egress, and a steady flow of traffic. The property is currently leased to a tenant who has recently signed a new three-year lease, offering immediate and stable income with an attractive projected 8% cap rate. Designed for efficiency and versatility, the building includes a convenient drive-thru window, a fully equipped commercial kitchen with hood and Ansul fire suppression system, and a walk-in cooler. The layout supports takeout, drive-thru operations and limited dine-in options, meeting the strong and consistent demand for quick-service dining options. With its prime location, strong traffic counts, and turnkey setup, this property presents an ideal opportunity for investors seeking reliable returns and long-term upside in a growing market.

Listing Contacts

KS
01415693
Century 21 Select Real Estate Chico
Listed by Century 21 Select Real Estate Chico

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