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2772 Main St
Susanville, CA 96130
Former Bowling Alley · Retail Property For Sale
Investment Highlights
- Sold for land value
Executive Summary
This property is in receivership pursuant to California Health & Safety Code §§ 17980.6 and 17980.7 in the matter Susanville v. Mathfallu in the Lassen County Superior Court Case No. 2025CV0076719. The property is being offered for sale by Daniel L. Collins, solely in his capacity as the Court Appointed Receiver and the sale terms are subject to approval by the as a condition of sale the Buyer must be willing to demolish the fire damaged 12,500 sqft former bowling alley. SELLER WILL PAY FOR THE DEMOLITION FROM SALE PROCEEDS USING A HOLD BACK OF FUNDS AT CLOSE OF SALE. The Seller will close the sale free of all liens and insured title.
The property is located on Main Street directly opposite the Walmart Store. It is a commercial zoned 2.35-acre parcel that qualifies for numerous uses including residential.
Investment Highlights
Court appointed Receiver is offering the property for sale for the purpose to have funds to pay for abatement costs to demolish the fire damaged structure immediately following closing of the sale. The Buyer shall be insured of the demolition being paid for by the Seller in the Court’s Approval and Sale Order.
Seller shall use of the sale proceeds from Buyer’s acquisition funds to demolish the existing fire damaged bowling alley. This condition shall be incorporated in the Court’s Sale Order. Additionally, all liens of record shall be cleared at closing of sale and seller shall provide insured title coverage at closing of sale.
This property is being offered at “land bank” value as an inducement to bring the property into full compliance with the City of Susanville’s Notice and Order to Abate and all applicable state and local building and safety codes.
The property is located on Main Street directly opposite the Walmart Store. It is a commercial zoned 2.35-acre parcel that qualifies for numerous uses including residential.
Investment Highlights
Court appointed Receiver is offering the property for sale for the purpose to have funds to pay for abatement costs to demolish the fire damaged structure immediately following closing of the sale. The Buyer shall be insured of the demolition being paid for by the Seller in the Court’s Approval and Sale Order.
Seller shall use of the sale proceeds from Buyer’s acquisition funds to demolish the existing fire damaged bowling alley. This condition shall be incorporated in the Court’s Sale Order. Additionally, all liens of record shall be cleared at closing of sale and seller shall provide insured title coverage at closing of sale.
This property is being offered at “land bank” value as an inducement to bring the property into full compliance with the City of Susanville’s Notice and Order to Abate and all applicable state and local building and safety codes.
Property Facts Under Contract
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Bowling Alley
Building Size
12,500 SF
Building Class
C
Year Built
1950
Price
$250,000
Price Per SF
$20
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
2.35 AC
Opportunity Zone
Yes
Zoning
C-2 - Residential, Commercial and Retail uses
Parking
30 Spaces (2.4 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Air Conditioning
Property Taxes
| Parcel Number | 105-310-003-000 | Improvements Assessment | $70,998 |
| Land Assessment | $207,162 | Total Assessment | $278,160 |
Property Taxes
Parcel Number
105-310-003-000
Land Assessment
$207,162
Improvements Assessment
$70,998
Total Assessment
$278,160
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