1355 Washington Avenue, Orov, CA 95965
sale
$771,500
|
Mixed Use
Listed By CENTURY 21 Select Real Estate, Inc.
This is an exceptional investment opportunity featuring a fully equipped, turn-key drive-thru restaurant in a high-traffic Oroville location. Positioned on a busy roundabout connecting two major thoroughfare, providing direct access into downtown Oroville, this property benefits from outstanding visibility, easy ingress/egress, and a steady flow of traffic. The property is currently leased to a tenant who has recently signed a new three-year lease, offering immediate and stable income with an attractive projected 8% cap rate. Designed for efficiency and versatility, the building includes a convenient drive-thru window, a fully equipped commercial kitchen with hood and Ansul fire suppression system, and a walk-in cooler. The layout supports takeout, drive-thru operations and limited dine-in options, meeting the strong and consistent demand for quick-service dining options. With its prime location, strong traffic counts, and turnkey setup, this property presents an ideal opportunity for investors seeking reliable returns and long-term upside in a growing market.
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Property Features
- Cross Docks: N
- For Auction: N
- Location Name: 1355 Washington Avenue , Orov
- MLSID: SN26087418
- Price Per Area: 0.00
- Price Upon Request: N
- Style: Other Style
- Sublease: N
- Year Built: 2018
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