580 Oro Dam BlvdOroville, CA 95965

Property Details for 580 Oro Dam Blvd

Year built

1962

Lot size

3.37 AC

Property size (Sq ft)

27,169 SF

Property type

Hospitality properties

Property subtype

Other hospitality properties

Description

This 71-key motel in Oroville, CA presents a compelling value-add investment opportunity. Situated on a 3.37-acre lot at the intersection of Hwy 162 and Hwy 70, this single-story, 27,169 square foot property enjoys high visibility and convenient access for tourists and visitors to Northern California's natural attractions. Built in 1962, the motel's location near Lake Oroville, Oroville Dam (the tallest in the US), Feather Falls, Berry Creek, and the North Table Ecological Reserve ensures a consistent stream of visitors and contractors. The property is offered unbranded, providing a blank canvas for renovation and repositioning to maximize its potential. Its current absentee ownership presents significant upside for a hands-on owner/operator seeking to enhance operational efficiency and profitability. The asking price is $5,500,000, translating to $202.44 per square foot. The property's APN is 035-030-090-000 and is located at 580 Oro Dam Blvd E, Oroville, CA 95965. This is a rare chance to acquire a well-located motel with substantial room for improvement and strong potential for return on investment in a desirable area of Northern California, approximately 20 miles south of Chico and 67 miles north of Sacramento.

Location Insight

City

Oroville

County

Butte

State

California

Latitude

39.499

Longitude

-121.568

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