$230,000 2500 And 2600 Mitchell Avenue Oroville, CA

MLS: SN21194184   Type: Pending   County: Butte   City: Oroville   Zip: 95966  

Mortgage $1,080 /mo



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Are you looking for a profitable investment opportunity? Look no further! Located within the city limits of Oroville, these two flat, level parcels totalling about 1.67 acres located on the corner of the signalized intersection of Mitchell and Washington Avenue could be your ticket! The two parcels are zoned MXC (Corridor Mixed Use), have two beautiful Oak trees on it and can be developed to meet a variety of uses including multi-family residential, medical offices, senior housing, retail, restaurant and/or office. The seller has plans for a gated 14-unit luxury apartment complex, however current code may allow for up to 30 units/acre and a 60’ maximum height (buyer to verify). This desirable property is just off the main commercial corridor in Oroville (CA State Highway 162) surrounded by restaurants, medical buildings, pharmacy, grocery store, middle and high schools and down the street from Oroville Hospital. Dave’s Landing is next door and there is a sports club on the corner. These parcels provide convenient access for future residents/customers with access from either Mitchell or Washington Avenue. Sidewalks, curbs and gutters are in and city utilities are available in the street. It’s time to put your dreams into action!

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Price History

9/3/2021 Listed $230,000

Additional Parcels Description 013-250-062-000, 013-250-063-000
Additional Parcels Y/N Yes
Association Y/N No
Community Features Curbs, Gutter(s), Sidewalks
HOA Fee 0
Land Lease Y/N No
Listing Agent Alisha Simpkins - BRE#01772692
Listing Agent State License 01772692
Lot Size Square Feet 72745
Property Type Land
Senior Community Y/N N
Special Listing Conditions Standard
Status Pending
Terms Submit
Utilities Electricity Available, Sewer Available, Water Available
View None
Zoning R2

Exterior Features

Lot Features 31-35 Units/Acre, Lot Over 40000 Sqft, Near Public Transit
Lot Size Acres 1.67
Lot Size Area 72745
Lot Size Source Assessor
Lot Size Units Square Feet
View Y/N No
Water Source See Remarks

Property Schools

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Gallery (7 photos)

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Property vs Zip Code Avg (95966)

Price 230K Avg 318K

Acres 1.67 Avg 2.74

Visits 83 Avg 54

Days on Site 145 Avg 108

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Listing Provided Courtesy Of: Alisha Simpkins with Keller Williams Realty Chico Area - 530-354-4244

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Location & Address

Jackson Mosley - DRE#01128579
Corporate Office Location: 2603 Camino Ramon Suite 200
San Ramon, CA