
$899,000 USD
Retail Property for Sale, 2161 Feather River, Orov, California 95965
- MLS#SN26087304
Listed By CENTURY 21 Select Real Estate, Inc.
The Retail Property for Sale located at 2161 Feather River, Orov, California 95965 is currently for sale. 2161 Feather River, Orov, California 95965 is listed for $899,000.
Property features
Construction
- Year built: 1963
Description
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 on an expanded drive though have already been done. Strategically located in an up-and-coming area with strong national tenancy positioned directly across from Applebees and Dutch Bros this property benefits from excellent visibility, traffic, and continued growth in the surrounding area. Whether youre looking to expand your portfolio or capitalize on future development, this versatile property offers both stable income and long-term potential.
Location
2161 Feather River, Orov, California 95965