Commercial property · 2 recorded sales since 2016
Listing Agent: Sima Saboury (DRE #01792124) · Listing Office: Porchlight Real Estate Brokers · Contact: 530-624-7833 · Bought with: Suke Sanghera · Exit Realty Consultants · MLS #SN20263122 · Source: CRMLS
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 Almost all units have been remodeled...bye bye popcorn ceiling and outdated features!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.
Listing description from the March 2021 sale, as reported to CRMLS.