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1355 Washington Avenue 1355 Washington Ave 1,495 SF Retail Building Oroville, CA 95965 $771,500 ($516.05/SF)



Executive Summary
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.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
1,495 SF
Building Class
C
Year Built
1984
Price
$771,500
Price Per SF
$516.05
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
0.19 AC
Zoning
NC - Commercial
Amenities
- Drive Thru
- Air Conditioning
Somewhat walkable
30/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Very bikeable
80/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 013-030-010-000 | Improvements Assessment | $214,185 |
| Land Assessment | $113,781 | Total Assessment | $327,966 |
Property Taxes
Parcel Number
013-030-010-000
Land Assessment
$113,781
Improvements Assessment
$214,185
Total Assessment
$327,966
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1355 Washington Avenue | 1355 Washington Ave
