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Jenn Smart

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1355 Washington , Oroville, CA 95965
$615,000
Est. Payment: $1,366.67/mo
8276 Sqft
0.19 Acres
Status: active | Days on site: 1
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SNFCRA - SN157012229
By proceeding you are providing Jenn Smart with your express written consent to send you marketing and promotional communications via calls or prerecorded messages dialed by a natural person or by using an artificial or automated telephone dialing system.

By checking the box, you consent to receive marketing text messages. If checked, you consent to receiving texts including marketing and promotional communications, from Jenn Smart. Messages and data rates may apply. Message frequency varies. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms & Conditions and Privacy Policy.
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Jenn Smart
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House Description

1355 Washington Avenue is a net-leased drive-thru restaurant offered at $615,000, an 8.21% cap rate. The 1,495 SF single-story building was built in 2018 on a ±0.19-acre (8,276 SF) corner lot zoned NC (Neighborhood Commercial). It sits at a busy roundabout off Montgomery Street, near downtown Oroville. The building has a wrap-around drive-thru lane with a pickup window and a commercial kitchen with hood and Ansul fire suppression. It also has a walk-in cooler and central heat and air. It is leased to The Lamb and The Wolf on a new three-year lease through April 15, 2029. Rent is $4,500 a month plus $800 a month in CAM, for $63,600 in gross annual income and $50,496 in net operating income. With a newer building, a lease in place and a flood-safe FEMA Zone X site, it’s an easy-to-own income property for investors and 1031 exchange buyers.
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Highlights

Listed by Sylvanna Steveson , 530-720-4939 1st Choice Realty & Associates Inc , 916-968-1627. CRMLS/Multi-Regional MLS mls logo

Property Type

Commercial Sale
Lot/Acreage
0.19

Year Built

1984

County

Butte

Listing ID

SN26231683

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Interior Features

Exterior Features

Lot:0-1 Unit/Acre,No Land Lease
Principal Interest
$1,367
Taxes
$392

Home Price

$615,000

Loan Details

30 yrs
0%

Down Payment

20%
$123,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,366.67

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,366.67 $392.06 $0.00 $1,758.73
Yearly $16,400.00 $4,704.75 $0.00 $21,104.75
Total $492,000.00 $141,142.50 $0.00 $633,142.50
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So-Crates Johnson
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Market insight data is pulled from the same city as the listing being viewed (Oroville, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. 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. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-11-14T23:39:01.000Z

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