8,276 sqft

$615,000

1355 Washington, Oroville CA, 95965

Price per sqft$74.31

Built in1984

Property size8,276 sqft

Property typeCommercial

Overview

Active

Listed Oct 27, 2026

Updated 26h ago

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.

Additional information

MLS^® ID: SN26231683

Interior Features

Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.19 Acres

Listed by Sylvanna Steveson, 1st Choice Realty & Associates Inc, CA DRE 02231557

Listing Contact: 530-720-4939

Based on information from the CRISNet MLS as of 10/29/2026, 4:13 AM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.