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Listed by Arwen Funk • Tracy Realty Co.
$ 835,000
Est. payment /mo
Active
1453 Downer Street Oroville, CA 95965
UPDATED:
08/29/2024 08:31 AM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID SN-22153033
Year Built 1937
Property Description
One of the most desirable addresses in downtown Oroville, the HP Downer Business Center is an excellent small investment opportunity. There is upside available. The HP Downer Business Center was built in 1937 and restored in 2006 to its original beauty with improvements and upgrades to electrical, lighting, HVAC, ADA restrooms, access and flooring. The original ripple glass doors were found and restored. The exterior had a creative facelift while retaining the original windows. Each suite has access to the restroom core and a large conference room by schedule. New signage and exterior lighting has just been installed. Parking lots on two sides make it easy to keep fully occupied at top market rates. Currently 100% occupied by 6 tenants, the property has been well managed and would be an ideal small trade or investment project for a local investor.
Location
State CA
County Butte
Interior
Heating Central
Laundry None
Building
Lot Description Level with Street
Nicole Van Parys & Gary Nesen
License Partners, Private Office Advisors | License ID: 01108944