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2600 5th Ave

Oroville, CA 95965
  • $525,000

    Price
  • 0

    Bed
  • 0

    Bath
  • 12,560

    SqFt

About the Listing CHTRACY - CH198015090

Fifth Avenue Storage is an excellent long-term investment property. There are three "retail/industrial" spaces near the front of the center. Two are currently occupied by a tire shop and the third is a storage/work space for a contractor. Behind these spaces is the storage portion of the center. With 26 storage units and a history of strong occupancy, the gross income for this property has been consistent. Most of the leases are considered to be below market and they are short-term so there is considerable upside available to a new investor. One long-term advantage to this property is that it is not far off Oro Dam Boulevard (Hwy 162), a major surface street through Oroville with up to 30,000 cars per day at some intersections. A brand new Walmart Supercenter is currently under construction and is expected to open in Spring of 2017. Fifth Avenue Storage is just around the corner from this new regional center which is expected to draw major traffic and it is directly on the path of travel that many people from the eastern portion of town will take. This will increase its visibility and should positively affect its long term value and leasability.

Listing Highlights for 2600 5th Ave

Status Active
Days on Site 621
Property Type Commercial Sale
MLS ® CH17020942
Year Built 1983
Total Square Footage 12,560
Lot/Acreage N/A
County Butte

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
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  • Water: Public

Exterior Details

  • Lot Description: Level with Street
  • Garage Capacity: N/A
  • Roof:
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Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: N/A

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2600 5th Ave Oroville, CA 95965

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Listing Courtesy of Arwen Funk, Tracy Realty Co.

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