Share This Listing

Message

934 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Executive Summary

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.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
1,495 SF
Building Class
C
Year Built
1984
Price
$1,086,650 CAD
Price Per SF
$726.86 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
0.19 AC
Zoning
NC - Commercial

Amenities

  • Drive Thru
  • Air Conditioning
Somewhat walkable
30/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Very bikeable
80/100

Nearby Major Retailers

Ww (weight Watchers)
Dutch Bros
Starbucks
Raley's
Chase Bank
U.S. Bank
Bank of Montreal
Mechanics Bank
Rent-A-Center
Bank of America

Property Taxes

Property Taxes

Parcel Number
013-030-010-000
Land Assessment
$160,259 CAD
Improvements Assessment
$301,677 CAD
Total Assessment
$461,937 CAD
  • Listing ID: 25330643

  • Date on Market: 2022-03-25

  • Last Updated:

  • Address: 1355 Washington Ave, Oroville, CA 95965

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}