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Executive Summary

This retail property offers a clear value-add opportunity for investors or owner-users in a commercial area undergoing revitalization. The property includes approximately 4,860 square feet of building area on a 0.19-acre lot, with original construction in 1956.
The building has a simple, efficient footprint suitable for reconfiguration or subdivision. A street-facing storefront with display windows provides visibility and exposure for retail or commercial use. The interior is largely open, allowing flexibility for future build-out or customization. A bathroom is already in place.
Rear alley access adds functional value for deliveries, service access, or secondary entry.
The property is in original/dated condition and will require renovation and modernization. This has been fully reflected in the asset’s positioning and creates a straightforward opportunity to add value through capital improvements, redesign, and repositioning. Ceiling systems, interior finishes, and building systems can be upgraded to meet modern commercial standards.
The surrounding area includes a mix of restaurants, retail, and financial services, supporting future leasing demand following improvements.
This is a solid opportunity to acquire an underutilized retail asset with visibility, access, and clear upside through renovation.
Owner financing is available for qualified buyers

Property Facts

Sale Type
Investment or Owner User
Sale Conditions
1031 Exchange
Property Type
Retail
Building Size
4,860 SF
Building Class
F
Year Built
1954
Price
$205,456 CAD
Price Per SF
$42.27 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.56
Lot Size
0.20 AC
Opportunity Zone
Yes
Zoning
C1 - Commercial
Frontage
49’ on Myers Street
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100

Nearby Major Retailers

Starbucks
Raley's
Chase Bank
U.S. Bank
Bank of Montreal
Mechanics Bank
Rent-A-Center
Bank of America
CrossFit
Tri Counties Bank

Property Taxes

Property Taxes

Parcel Number
035-065-006-000
Land Assessment
$55,806 CAD
Improvements Assessment
$263,286 CAD
Total Assessment
$319,092 CAD
  • Listing ID: 39322682

  • Date on Market: 2026-02-04

  • Last Updated:

  • Address: 2980 Myers St, Oroville, CA 95966

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