For Sale
$349,500

7967 SkywayParadise, CA 95969

High-traffic retail center, strong rental income.

Overview

Added:
Feb 3
Days on market:
61
This exceptional 3,000 square foot retail complex in Paradise, CA, presents a lucrative investment opportunity. Situated on a one-acre lot at 7967 Skyway, this well-maintained property boasts high visibility and traffic counts, ensuring consistent customer flow. The complex currently houses four established businesses: Debbies restaurant, The Shearlings/Gilbertson RE, Polished in Paradise, and Paradise Tan, generating a stable monthly rental income of $3,260. Recent upgrades enhance the property's value and appeal, including updated heating and cooling systems (2019) and a resealed parking lot (2024). The property benefits from its location within the proposed Town of Paradise sewer system expansion area, promising future infrastructure improvements. An adjacent lot, identified as Thomasson AP#051-152-017-000, is included in the sale, offering potential for expansion or additional development. This turnkey investment provides immediate cash flow and significant upside potential in a thriving community. The property's strong tenant occupancy and recent improvements make it an attractive proposition for discerning investors seeking a stable and profitable commercial venture. The combination of established businesses, high traffic location, and recent upgrades makes this a truly exceptional opportunity.

Property Details for 7967 Skyway

Property type
Retail properties
Square Feet
3,000 SF
Year Built
1978
Lot Size (sq. ft)
43,560 SF

Location Insight

City
Paradise
County
Butte
State
California
Latitude
39.77493
Longitude
-121.6102
7967 Skyway, Paradise, California

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7967 Skyway
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