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1820 Oro Dam Blvd E 11,691 SF 68% Leased Retail Building Oroville, CA 95966 $2,352,991 CAD ($201.27 CAD/SF) 5.55% Cap Rate
INVESTMENT HIGHLIGHTS
- Prime investment opportunity to own 1.89 acres of land and an 11,691 SQ FT, 2-story financial office building.
- Well-maintained property is located on a busy main street in Oroville City, offering easy access to freeways.
- Additional 4,414 SQ FT of available lease space on the second level and room to build more on the expansive 1.89-acre lot.
EXECUTIVE SUMMARY
GREAT INVESTMENT Opportunity to own a 1.89 acres of Land and a 11,691 square feet 2-STORIES Financial Office Building - the 2nd LARGEST Bank in the US by Assets - BANK of AMERICA with other Retail Tenants. Year Built: 1982. CLEAN, NICE, YOUNG & WELL-MAINTAINED Commercial Property located at a busy main street of Oro Dam E & Lincoln Blvd of Oroville City with easy access to freeways. Many Car Dealers, Pharmacies, Groceries, Restaurants around, the unique lot location generates a lot of Foot Traffic as also having potential chances to build new retail spaces for Big Tenants such as STARBUCKS, McDONALDS or such... The current big Tenant - BANK of AMERICA on the lot that generates great guaranteed monthly income + huge potential future income from other tenants. There are generous room to expand more of your Investment Purchase to Retail/ Corporates Tenants with another 4,414SF available units for Lease: spacious 2nd level above Bank of America and another 2 units + extra space to build on the 1.89 acres Lot. An Opportunity that You Don't Want to Miss! LEASE Options are available for Vacant Units also.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Lease Option
Property Type
Retail
Property Subtype
Building Size
11,691 SF
Building Class
C
Year Built/Renovated
1982/2024
Price
$2,352,991 CAD
Price Per SF
$201.27 CAD
Cap Rate
5.55%
NOI
$130,592 CAD
Percent Leased
68%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.14
Lot Size
1.89 AC
Opportunity Zone
Yes
Zoning
C2 - Commercial
AMENITIES
- Banking
- Conferencing Facility
- Air Conditioning
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
- 1st Floor
- 3,766 SF
- Office/Retail
- -
- Now
| Space | Size | Space Use | Position | Available |
| 1st Floor | 3,766 SF | Office/Retail | - | Now |
1st Floor
| Size |
| 3,766 SF |
| Space Use |
| Office/Retail |
| Position |
| - |
| Available |
| Now |
Walk Score®
Very Walkable (81)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 013-160-049-000 | Improvements Assessment | $831,638 CAD |
| Land Assessment | $591,989 CAD | Total Assessment | $1,423,627 CAD |
PROPERTY TAXES
Parcel Number
013-160-049-000
Land Assessment
$591,989 CAD
Improvements Assessment
$831,638 CAD
Total Assessment
$1,423,627 CAD
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1820 Oro Dam Blvd E
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