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.
| MLS # | SN26158206 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| Sub-Type | Resale |
| Status | Active |
| Year | 2019 |
| Days On Site | 51 |
| Listing Provided By | Austin Barron, Broker | Austin Barron |
| SQ Feet | 8,328 |
|---|---|
| Story(s) | 1 |
| Units | 8 |
| Building(s) | 2 |
| Zoning | CC |
| Acreage | 1.70 |
| Lot Features | Corner Lot, Flat |
|---|---|
| Topography | Level |
| State | CA |
|---|---|
| County | Butte |
| City | Paradise |
| Zip Code | 95969 |
| Listing VS Median (in 95969) | |
Price: $1,500,000 low | high Med: $399,450 sqft: 8,328 low | high Med: 1,735 $ / sqft: $180 low | high Med: $234 On site: 51 low | high Med: 42.5 | |
| State | CA |
|---|---|
| County | Butte |
| City | Paradise |
| Zip Code | 95969 |
| Listing VS Median (in 95969) | |
Price: $1,500,000 low | high Med: $399,450 sqft: 8,328 low | high Med: 1,735 $ / sqft: $180 low | high Med: $234 On site: 51 low | high Med: 42.5 | |