• 72,745 sq.ft. lot
offered at $199,500
Status: Pending // Property Type:
County: Butte

Property Description

Are you looking for a profitable investment opportunity? Look no further! Located within the city limits of Oroville, these two flat, level parcels totalling about 1.67 acres located on the corner of the signalized intersection of Mitchell and Washington Avenue could be your ticket! The two parcels are zoned MXC (Corridor Mixed Use), have two beautiful Oak trees on it and can be developed to meet a variety of uses including multi-family residential, medical offices, senior housing, retail, restaurant and/or office. The seller has plans for a gated 14-unit luxury apartment complex, however current code may allow for up to 30 units/acre and a 60’ maximum height (buyer to verify). This desirable property is just off the main commercial corridor in Oroville (CA State Highway 162) surrounded by restaurants, medical buildings, pharmacy, grocery store, middle and high schools and down the street from Oroville Hospital. Dave’s Landing is next door and there is a sports club on the corner. These parcels provide convenient access for future residents/customers with access from either Mitchell or Washington Avenue. Sidewalks, curbs and gutters are in and city utilities are available in the street. It’s time to put your dreams into action!

Listing Courtesy of Alisha Simpkins, Keller Williams Realty Chico Area

Exterior Features

Exterior Features: Curbs, Gutters, Sidewalks
  • raj qsar
    CEO | Owner |
    CalBRE# 01744847
    • cell 714.412.5019
    • office 949.612.2535
    email Raj

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Based on information from California Regional Multiple Listing Service, Inc. as of February 15, 2021. 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.