2075 Baldwin Avenue is a 100% occupied mixed-use investment property offered at $2,207,767, an 8.20% cap rate. It has 12,179 SF of building area on ±1.21 acres (52,708 SF) zoned C-2 (Intensive Commercial). The site is next to the new Hewitt Park, off Myers Street and Baldwin Avenue, and sits in a federal Qualified Opportunity Zone (Census Tract 28). The property combines three income streams on one parcel: Parkview Daycare: 4,130 SF, built new in 2019, leased through March 2029. A work training center: 4,935 SF of office space remodeled in 2019. Five one-bedroom apartments: built new in 2019. Together they produce $209,939 in gross annual income and $181,037 in net operating income. Diversified tenants, newer improvements and Opportunity Zone tax potential make it a strong fit for investors and 1031 exchange buyers.
| MLS # | SN26231690 |
|---|---|
| Listing Type | For Sale |
| Style | Mixeduse |
| Sub-Type | Resale |
| Status | Active |
| Year | 1946 |
| Days On Site | 19 |
| Listing Provided By | 1st Choice Realty & Associates Inc | Sylvanna Steveson |
| SQ Feet | 8,071 |
|---|---|
| Story(s) | 1 |
| Acreage | 1.21 |
| Heating | Central |
|---|---|
| Heating Yes / No | Yes |
| Lot Features | Two To Five Units Acre |
|---|
| State | CA |
|---|---|
| County | Butte |
| City | Oroville |
| Zip Code | 95966 |
| Listing VS Median (in 95966) | |
Price: $2,207,767 low | high Med: $400,000 sqft: 8,071 low | high Med: 3,197 $ / sqft: $274 low | high Med: $140 On site: 19 low | high Med: 93 | |
| State | CA |
|---|---|
| County | Butte |
| City | Oroville |
| Zip Code | 95966 |
| Listing VS Median (in 95966) | |
Price: $2,207,767 low | high Med: $400,000 sqft: 8,071 low | high Med: 3,197 $ / sqft: $274 low | high Med: $140 On site: 19 low | high Med: 93 | |