Fremont Street Investment
Mixed Use | 7,189 SqFt
Marketing description
Located at 541 Fremont Street, this freestanding retail opportunity showcases expansive open showroom space framed by oversized display windows and good curb appeal.
There is an opportunity for an owner user to purchase this 1952 built property and to renovate it to service numerous retail and residential uses. The high ceilings serve to enhance the spaciousness of the rooms. The building consists of 7189 SF on a 9,148 SF lot located on Freemont Street in downtown Calusa.
The zoning for the area is Mixed Use Retail (M-U-R). Retail studies show that opportunities for quick-service restaurants (QSRs), medical services, and value-oriented soft goods retailers are in high demand. The renovation of the single-family home will enhance the valley of the property considerably. The crossroads are 5th Street and 6th Street, thus providing easy access and plenty of street parking.
The site benefits from consistent daily traffic from both residents and regional commuters traveling through Colusa County.
Investment highlights
- Zoned M-U-R and located in an Opportunity Zone allows for versatile mixed-use retail and residential use.
- Freestanding retail building with commanding street frontage ready for new tenant
- Expansive showroom floor ideal for merchandising flexibility
- Value add opportunity to renovate a fixer upper 3-bedroom house resulting in the best return in this investment property
- The building has over 1800 SF of storage space and includes a 2 car/truck/garage
- Seller will consider some owner financing
- Colusa Casino Resort expansion is driving tourism and transient retail demand
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