Commercial Real Estate in Chico, Call 530-896-3126

1345 Feather River Boulevard Oroville, CA 95965

$449,500 Active Under Contract

About the Property

Time Square Time Square in California! Don't miss a fantastic opportunity to own a strip of retail just north of Sacramento and 20 minutes to Chico! Time Square located in Oroville, CA is neighbors to a 76 gas station, Valero gas station, AAA, and several other hotels, and restaurants! Just a stone's throw from the 70 freeway entrance, it's located in close proximity to both people driving through and regular stable customers in the neighborhood. The tenants of this complex are diverse and consistent, including a smoke shop, AAA , restaurant, Barber shop, Bizbin online Auction and a small cottage located in the back of the complex, boasts its own courtyard, the perfect addition for a caretaker or property manager! The cap rate is currently about 10%!The building features a brand new roof, new exterior paint, 2 new HVAC, one new furnace, 3 new wall AC, new fixtures throughout including light fixtures, toilets & sinks. Almost all units have been remodeled...bye bye popcorn ceiling and outdated features! This building is modern and well cared for.

Property Information

Size 5,600 SqFt
Price/SqFt $80.27
Year Built 1962
Property Type Retail
Zoning Commercial
Listing Number SN20263122
Listed 12/29/2020
Modified 2/2/2021
Listing Agent Sima Saboury
Listing Office Porchlight Real Estate Brokers

Property Features

# of Buildings
  • 1
# of Units Leased
  • 8
# of Units Total
  • 8750
Cap Rate
  • 8.60
Electric
  • 220 Volts For Spa
Land Use
  • Retail
Office Class
  • C
Roof
  • Composition
Water Source
  • Public
Heating
  • Central
  • Natural Gas
Utilities
  • Electricity Connected
  • Natural Gas Connected
  • Other
  • Sewer Connected
Business Type
  • Arts and Entertainment
  • Barber/Beauty
  • Books/Cards/Stationary
  • Candy/Cookie
  • Clothing
  • Computer
  • Decorator
  • Distribution
  • Education/School
  • Financial
  • Gift Shop
  • Jewelry
  • Music
  • Office Supply
  • Other
  • Pet Store
  • Photographer
  • Real Estate
  • Retail
  • Toys
  • Video
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