2161 Feather River, Oroville, CA 95965
List Price: $899K
Listing Status: Active
0Days on Market: 0
0 Bedrooms · 0 Bathrooms
Property Type: CommercialSale
Year Built: 1963
Lot Size: 40,511 sq ft
MLS Number: SN26087304
About This Property
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 Applebee’s and Dutch Bros this property benefits from excellent visibility, traffic, and continued growth in the surrounding area. Whether you’re looking to expand your portfolio or capitalize on future development, this versatile property offers both stable income and long-term potential.
Listing provided by: Kimberly Shaffer DRE #01415693 530-345-6618 kimsellschico@gmail.com, Century 21 Select Real Estate, Inc.
Source: CRMLS, MLS #: SN26087304
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.