2005 Bird StOroville, CA 95965

  • Retail properties
  • 6,400 SF
For Sale

Property Details for 2005 Bird St

Year built
1948
Construction
TILT-UP CONCRETE
Lot size
0.15 AC
Property size (Sq ft)
6,400 SF
Zone code
C1
Property type
Retail properties
Property subtype
Retail space
APN
012-093-001-000
APU
12093001000

Description

This exceptional commercial property at 2005 Bird Street, Oroville, CA 95965, presents a fantastic opportunity for a variety of businesses. Located in the revitalized Historic Downtown Oroville District, this corner retail space boasts high visibility and foot traffic, situated near the recently renovated State Theatre, City of Paris building, and other established businesses including jewelry stores, salons, and boutiques. The State Theatre's annual events draw thousands of attendees, further enhancing the property's exposure. The space itself offers up to 12,800 square feet (partitioned), featuring stunning windows ideal for showcasing merchandise, ample wall space, and a prep kitchen area with a three-compartment sink. The property benefits from a new roof, updated electrical, and central heating and air conditioning. Conveniently located near a 24-hour gym and ample free public parking, this well-maintained space is ready for immediate occupancy. Lease includes CAM charges for shared ADA-compliant restrooms and hallway. This is an exceptional opportunity to establish your business in a thriving downtown area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,695,530
    6.5%
    $1,565,104
    7%
    $1,453,311
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,302,756
    Geo Method
    $2,302,756
  • Alternative Use

    Use
    Valuation
    Residential
    $1,320,224
    Hospitality
    $1,209,318
    Educational
    $1,006,138
    Medical
    $1,040,741
    Retail
    $1,565,104
2005 Bird St, Oroville, California

Location Insight

City
Oroville
County
Butte
State
California
Latitude
39.5131
Longitude
-121.555
CBSA code
17020
CBSA name
CHICO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$10,840
$66,979
$651,853
$718,832
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-
-
-

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