7365 Lincoln Boulevard, Oroville, CA 95968

$399,000
List Price
$399,000
Status
ACTIVE
MLS#
OR18171443
Days on Market
148
Property Type
Commercial
Property Sub Type
Mixed Use

Property Description

New business idea? Live in residence & run restaurant while renting corner? Numerous possibilities here! Palermo, Ca 0.72 acre corner commercial lot with restaurant, residence & old gas station/service shop. Main retail corner/intersection in the small town of Palermo, Ca., on the Outskirts & just south of Oroville, Ca. North East Corner of intersection. Directly across from US Post Office, liquor store & caddie corner to newly remodeled Gas Station. Residence consists of 2 bedroom 1 bathroom at 636sf with long term tenant. Corner fenced in old service station with mechanics roll up doors, overhang & small retail area. Restaurant currently a Mexican Food Restaurant which is the only restaurant in the Palermo area. Continue what is here or revamp and make it your own. Great place for that individual looking to move to a small town from the hustle and bustle, open their own restaurant, retail venture, etc. The bones are here for something new & exciting. Give the buildings a much needed face lift to attract merchants, or replace with something that makes more sense. A few major name chains have approached seller in recent years past. Seller was not ready to sell, but has since decided to let the property hit the open market. 5 minutes to Highway 70. A few miles north into Oroville. 20 Minutes to Chico. About 1 hour & 15 minutes to Sacramento. Beautiful Lake Oroville, The Afterbay, The Forebay & Feather River all just minutes away for outdoor recreation, water sports, etc.

Additional Information

Water
Public

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Listing courtesy of Mario Gattavara from United Country Lifestyle Properties and Land Co.

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.