$2,207,767
FOR SALEActive2075 Baldwin
Oroville CA 95966
8,071
SF
Mixed Use
Type
1946
Built
$274/SF
Cost/SF
Listing Agent
Sylvanna Steveson
Listing Agent
DRE #: 02231557
(530) 720-4939Brokerage: 1st Choice Realty & Associates Inc
Location Analysis
About This Property
2075 Baldwin Avenue is a 100% occupied mixed-use investment property offered at $2,207,767, an 8.20% cap rate. It has 12,179 SF of building area on ±1.21 acres (52,708 SF) zoned C-2 (Intensive Commercial). The site is next to the new Hewitt Park, off Myers Street and Baldwin Avenue, and sits in a federal Qualified Opportunity Zone (Census Tract 28). The property combines three income streams on one parcel: Parkview Daycare: 4,130 SF, built new in 2019, leased through March 2029. A work training center: 4,935 SF of office space remodeled in 2019. Five one-bedroom apartments: built new in 2019. Together they produce $209,939 in gross annual income and $181,037 in net operating income. Diversified tenants, newer improvements and Opportunity Zone tax potential make it a strong fit for investors and 1031 exchange buyers.
Property Information
Property Overview
Commercial - MixedUse
Property Type
Active
Status
1.21 acres
Lot Size
8,071 SF
Square Footage
$273.54/SF
Price per SF
1,946
Year Built
1
Stories
Property Highlights
N/A Property
Prime Location with High Visibility
Location Analysis
Building Details
Zoning & Use
Utilities & Systems
Investment Metrics
Data not available.
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Closed commercial sales reported, newest first.
CRMLS
MLS# SN26231690
Listed:
Nalren refreshed:
Last updated
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Listed by: 1st Choice Realty & Associates Inc
Equal Housing Opportunity
Advertising Broker: Nalren Corp (CA DRE #02423715)
Licensed in the state of California
Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.