Contact Xavier Gomez
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2620 5th , Oroville, CA 95965
Priced at Only: $1,750,000
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Address: 2620 5th , Oroville, CA 95965
Property Location and Similar Properties
- MLS#: OR25252422 ( Industrial )
- Street Address: 2620 5th
- Viewed: 1
- Price: $1,750,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1978
- Bldg sqft: 0
- Days On Market: 32
- Additional Information
- County: BUTTE
- City: Oroville
- Zipcode: 95965
- Provided by: Scott Perkins Realty
- Contact: Scott Scott

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Description40,000 square feet for $1.75 million is a bargain! Add nearly 4 acres & it becomes a super bargain!! Location Location Location All of the above in a prime industrial/commercial area just a few blocks from the freeway makes this a great business decision!!! Just considering the building (without a land value) Price per square foot = $43.75. Building replacement cost alone is $150/sf or $6M. 3.75+ acres of prime real estate comps as high as $750K. Discount replacement by 50% $6M+$750K/2=$3.375M, making a $1.75M acquisition an amazing investment opportunity. Looking for rental income? Lets discuss the option of the seller renting 10 20K sf while finding a tenant for the other . FYI the building has a full partition wall with 14 roll up splitting the building in . Need more incentive? Insulated roof, water, power, heavy slab, paved & access to both 5th Avenue & 7th Avenue (making it ideal for logistics). Being in close proximity to Hwy 162/Oro Dam Blvd. in the commercial & restaurant heart of Oroville, an indoor sports complex to rival those in Roseville might be a great idea.? Then pave the acreage for parking + food trucks bringing in additional daily rental + event day support. Truck Shop with plenty of potential truck parking. Add a common restroom & build multiple suites to develop a commercial mall. I can keep going but the point is made this property has a lot of opportunity & the price is right.
Features
Building Area Total
- 40000.00
Commoninterest
- None
Country
- US
Land Use
- Industrial
- Other
Laundry Features
- None
Parcel Number
- 035380051000
Property Type
- Industrial
Water Source
- Public
Year Built
- 1978
- Xavier Gomez, BrkrAssc,CDPE
- RE/MAX College Park Realty
- BRE 01736488
- Fax: 714.975.9953
- Mobile: 714.478.6676
- salesbyxavier@gmail.com





















