Commercial Real Estate in Durham available for sale
Durham Drive Through Restaurants For Sale

Drive Through Restaurants for Sale within 50 kilometers of Durham, CA, USA

More details for 350 Oro Dam Blvd E, Oroville, CA - Retail for Sale

Chick-fil-A | New 15yr Abs NNN w/ Incrs - 350 Oro Dam Blvd E

Oroville, CA 95965

  • Drive Through Restaurant
  • Retail for Sale
  • $6,509,447 CAD
  • 4,266 SF
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More details for 6355 Lincoln Blvd, Oroville, CA - Multifamily for Sale

Iron Oaks Mobile Home Park - 6355 Lincoln Blvd

Oroville, CA 95966

  • Drive Through Restaurant
  • Multifamily for Sale
  • $4,182,491 CAD
  • 930 SF

Oroville Multifamily for Sale

Iron Oaks Mobile Home Park is a 40-site, all-age manufactured housing community plus one single-family residence located in the Greater Oroville area of Northern California. Iron Oaks MHP presents a value-add opportunity driven by below-market rents, infill potential, recent capital improvements, and a HCD approved 24-site expansion component, which will increase the permitted sites from 40 to 64 once complete. Over the past few years, ownership has completed meaningful upgrades to enhance the quality and long-term performance of the community, including repaving the central roadway, refreshing the laundry facility, renovating the front single-family residence, removing older homes, and installing new mobile homes to elevate the overall appearance of the property. The property is served by municipal water, private septic, and direct-billed gas and electric. The community currently consists of 30 occupied tenant-owned homes, four occupied park-owned homes, and six vacant lots ready for new home placement, providing upside through infill. The average space rent of $617 per month is approximately 15% below market, offering a clear path for rental growth. The four newer park-owned homes are currently leased between $1,300 and $1,520 per month and are valued at a total of $340,000 or $85,000 per home. The stick-built single-family residence located at the front of the community is undergoing final improvements, including a new roof, and is expected to be leased prior to closing, contributing additional stabilized income. A significant driver of long-term value is the adjacent 6.68-acre parcel, which has received approvals from HCD to expand the community by 24 additional mobile home sites. The expansion has the civil improvement plans in place and building permits under HUD review. Comcast/Xfinity has committed to covering the majority of infrastructure costs for internet, TV, and voice service installation. The adjacent parcel and associated improvements are valued at $312,000, providing investors with an attractive basis for scalable future growth in a supply-constrained market. Strategically located in the Greater Oroville area, serving an approximate population of ~55,000 and encompassing the City of Oroville, the county seat of Butte County, Iron Oaks MHP benefits from a stable regional economy supported by healthcare, government services, higher education, agriculture, water and energy infrastructure, and recreation anchored by Lake Oroville. With convenient access to State Route 70 and close proximity to Chico, Yuba City, and Sacramento, Iron Oaks MHP is well positioned to meet sustained demand for affordable workforce housing throughout Northern California. Iron Oaks Mobile Home Park offers investors the opportunity to acquire a recently improved manufactured housing community with upside, expansion scalability at an attractive per site cost basis, and long-term value opportunity in Northern California. Please do not visit, drive through, call, or disturb the property or its residents without prior approval from the listing broker.

Contact:

Avine Real Estate

Property Subtype:

Mobile Home Park

Date on Market:

2026-02-26

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More details for 1355 Washington Ave, Oroville, CA - Retail for Sale

1355 Washington Avenue - 1355 Washington Ave

Oroville, CA 95965

  • Drive Through Restaurant
  • Retail for Sale
  • $1,027,807 CAD
  • 1,495 SF
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Drive Through Restaurants For Sale

Drive Through Restaurants

A drive-thru restaurant is a type of fast food establishment that provides customers with the ability to order and receive their meal while still in their car. This type of restaurant has been on the rise in recent years with an increase in demand for quick, mobile-friendly food options.

The majority of drive through restaurants are located on or near busy streets, making them easy for drivers to access. This accessibility can be attractive to investors as it will increase potential revenues by attracting more customers without extensive advertising costs.

Why should you buy a restaurant with a drive through as an investor?

There are many reasons to invest in a drive through restaurant. These restaurants can be profitable if they're modeled correctly and managed well. You need to consider several things when investing in a drive-through restaurant, such as location and demographics, before deciding whether or not it's right for you

The first thing that needs consideration is where your potential business should be located. A major factor here is population density - what does the neighborhood look like? Is there plenty of foot traffic on any given day? If so, this would mean more customers for the restaurant! You also want to make sure there are no competing businesses nearby that may lure away your customer base; try looking at some other areas of town with less competition and underserved population.

What are the costs of buying a drive through restaurant?

The costs to consider include the cost of the building, renovations or repairs and upgrades needed in order to do business. There may be additional fees such as franchise fees, permits, licensing. Talk to your broker about additional costs.

The cost for a commercial property itself will vary depending on the size and location; a building might cost more than one near a busy highway interchange with high traffic volume. The price per square foot also varies significantly by location.

How to make your purchase profitable and sustainable in the long run.

Purchasing a profitable drive-through restaurant requires careful research and consideration of what is needed in the area.

You will need to consider the most profitable drive-through locations, deciding if you want a single site or plan on multiple sites.

Consideration should be given to both established restaurants with traffic volumes that meet your needs as well as those which are under-performing but have potential for time and money investment to increase revenues.

Is it worth it for you to buy a drive thru restaurant now?

Right now is a a great time to invest in a drive through restaurant.

As of 2021, Interest rates are low and there is less competition for properties, which means you can get the property for less money than if you buy it later on down the road when prices and interest rates may increase. Additionally, now would be a good time to buy because people need convenient and safe food options during tough economic times.

Looking to lease a Drive Through Restaurant? View Drive Through Restaurants for lease