9205 - 9225 Skyway, Paradise, CA, CA 95969

$1,500,000

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List Price
$1,500,000
Status
ACTIVE
MLS#
SN26158206
County
Butte
Zoning
CC
Year Built
2019
Square Feet
8,328
Lot Size (acres)
1.7000000000000002
Lot Location
Corner Lot, Flat
Days on Market
9
Property Type
Commercial
Property Sub Type
Retail

Property Description

Great opportunity to acquire a newly constructed multi-tenant retail center along Skyway in northern Paradise. The property sits on approximately 1.7 acres and is offered well under replacement value at approximately $180 per square foot. The center includes a mix of coffee, restaurant, and service tenants, with additional retail suites and a drive-thru opportunity available. The site is approved for an additional 5,000-square-foot building, with an unused engineered septic system already installed for the future improvement. This pad space can be sold or leased separately. Three newer engineered septic systems serve the existing buildings and are monitored monthly. The property benefits from strong Skyway visibility and traffic counts of approximately 15,488 vehicles per day, as well as convenient access, ample parking, and continued recovery and population growth within the Paradise market.

Additional Information

Parcel Number
050011015000
Gross Scheduled Income
$89,400
Net Operating Income
$71,520
Lot Features
Corner Lot, Flat
Parking Spaces
64

Listing courtesy of Listing Agent: Austin Barron (abarron@ethanconradprop.com) from Listing Office: Austin Barron, Broker.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.