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

2301 Oro Quincy Highway Oroville, CA 95966

$399,000 Active

About the Property

GREAT DEVELOPMENT OPPORTUNITY! 3 City Limit Parcels Consisting Of 3.59+/- Acres Of Varied Mixed Zoning. There are apartment complexes across the street to the west, as well as a townhouse development backing up to this land to the north. AP#033-480-029 consists of 1.15+/- acres & is zoned MXN; Mixed Use Zoning may allow for up to 30 dwelling units per acre with proper planning. AP#'s: 033-480-028 & 033-480-027 consist of 1.22+/- acres each & offer RL Zoning; Minimum lot sizes in RL zone may allow for minimum sized of 8,000sf+ lots with proper planning. All 3 lots are adjacent offering a 3,024sf structure at the Oro Quincy Frontage with an occupying tenant paying well below market at $750 per month. There is street frontage off Oro Quincy Highway, street frontage for all 3 lots off the East side from Eucalyptus Avenue, as well as access at the NE corner touching Stauss Avenue. There is an adjacent parcel as well for sale offered separately with a large structure on it for $253,000 at 0.55+/- acres as shown in the red outlines in MLS photos. Buy all for a new project or just the one. With the housing shortages, there are a few apartment complexes being built in the Oroville area as well as new development recently and being proposed. This would be a great location for that next development idea. Sewer, Water, Power, Phone & Gas all at street or on property. City zoning allowances are incorporated in MLS other docs; ask your agent for copies. Owner is a licensed & practicing California Real Estate Broker. Structure will be shown by appointment to individuals with proof of funds to close transactions only; no exceptions. (MUST CONSULT WITH CITY OF OROVILLE BUILDING & PLANNING ON ANY IDEA YOU MAY HAVE TO VERIFY THEY WILL ALLOW).

Property Information

Size 3,024 SqFt
Price/SqFt $132
Year Built 1964
Property Type Mixed Use
Zoning MXN & RL
Listing Number OR22003341
Listed 1/5/2022
Modified 1/7/2022
Listing Agent Mario Gattavara
Listing Office Coldwell Banker Lifestyle Properties

Property Features

# of Buildings
  • 1
# of Units Leased
  • 1
# of Units Total
  • 1
Total MonthlyRent
  • 750
Water Source
  • Public
Utilities
  • Cable Available
  • Cable Connected
  • Electricity Available
  • Electricity Connected
  • Natural Gas Available
  • Natural Gas Connected
  • Phone Available
  • Phone Connected
  • Sewer Available
  • Sewer Connected
  • Water Available
  • Water Connected
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