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2161 Feather River Blvd 1,270 SF 100% Leased Office Building Oroville, CA 95965 $1,231,369 CAD ($969.58 CAD/SF) 8% Cap Rate
Executive Summary
Prime investment opportunity in a growing Oroville corridor! This income-producing property is home to a well-established and popular taqueria, offering immediate cash flow with an attractive 8% cap rate. Situated on a generous 0.93-acre lot, the property provides significant upside potential for future development. The existing structure features a commercial space currently occupied by the restaurant, along with a small apartment in the rear, ideal for additional rental income or owner occupancy. The expansive lot behind the building could be developed, presenting a rare chance to expand and maximize returns. Preliminary plans for an expanded drive-through have already been done. Strategically located in an up-and-coming area with strong national tenancy positioned directly across from Applebee’s and Dutch Bros this property benefits from excellent visibility, traffic, and continued growth in the surrounding area. Whether you’re looking to expand your portfolio or capitalize on future development, this versatile property offers both stable income and long-term potential.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
1,270 SF
Building Class
C
Year Built
1963
Price
$1,231,369 CAD
Price Per SF
$969.58 CAD
Cap Rate
8%
NOI
$98,510 CAD
Percent Leased
100%
Building Height
1 Story
Typical Floor Size
1,270 SF
Building FAR
0.03
Lot Size
0.93 AC
Opportunity Zone
Yes
Zoning
C2
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 035-240-029-000 | Improvements Assessment | $158,803 CAD |
| Land Assessment | $238,446 CAD | Total Assessment | $397,249 CAD |
Property Taxes
Parcel Number
035-240-029-000
Land Assessment
$238,446 CAD
Improvements Assessment
$158,803 CAD
Total Assessment
$397,249 CAD
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2161 Feather River Blvd
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