2920 Main StSusanville, CA 96130

Property Details for 2920 Main St

Year built

1998

Construction

WOOD

Lot size

1.38 AC

Property size (Sq ft)

6,500 SF

Property type

Retail space

APN

105-350-046-000

APU

105350046000

Description

This exceptional Class A retail property, located at 2920 Main St, Susanville, CA 96130, offers 3,068 square feet of immediately available space within the vibrant Walmart Plaza Shopping Center. Built in 1997 and situated on 1.38 acres of land, this single-story building boasts a total of 6,500 square feet, divided into three suites. The available space is highly visible from Highway 36, benefiting from excellent exposure and monument signage opportunities. The property features a convenient drive-thru option and is strategically positioned at the main entrance, providing easy access to the adjacent Safeway shopping center. The minimum divisible space is 1,242 square feet, with a maximum contiguous space of 3,068 square feet. The property is zoned C-2 and has an APN of 105-350-46. The Walmart anchor tenant recently completed an expansion and remodel in 2019, further enhancing the center's appeal and foot traffic. This prime location, coupled with the existing infrastructure and high visibility, presents a unique opportunity for businesses seeking a thriving retail environment in Susanville, California. The property includes convenient access to Fairgrounds Rd. No elevators are present.

• CAP approach

  CAP return

  Valuation

  6%

  $1,508,500

  6.5%

  $1,392,460

  7%

  $1,293,000

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,547,970

  Geo Method

  $1,547,970

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $2,742,480

  Mixed-Use / Specialty

  $1,376,560

  Hospitality / Lodging

  $995,703

  Office

  $1,356,990

  Institutional / Educational

  $1,427,160

  Residential Income

  $1,669,780

  Multifamily

  $2,063,250

  Automotive / Energy

  $1,223,280

  Parking / Income-Based Land

  $432,941

  Restaurant / Food Service

  $692,626

  Healthcare / Senior Housing

  $1,422,850

Location Insight

City

Susanville

County

Lassen

State

California

Latitude

40.4082

Longitude

-120.635

CBSA code

45000

CBSA name

SUSANVILLE, CA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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