4575 Olive Highway

Description

Welcome to 4575 Olive Hwy, a unique property nestled in the heart of Oroville, CA. This 3-bedroom, 1-bath home sits on a generous 1-acre parcel, offering a rare opportunity for both residential buyers and commercial investors. With its mixed-use MU-2 zoning, this property is a blank canvas waiting for your vision. The home itself is in need of some TLC, requiring repairs to the siding, paint, and roof. However, the potential here is undeniable. The large 1-acre lot provides ample space for various uses, whether you're looking to create a cozy family home or a commercial venture. The property features multiple outbuildings, offering plenty of room for equipment, storage, or even additional structures. Situated on Olive Hwy, this property is surrounded by a diverse landscape of residential structures, commercial establishments, and open fields. The nearby Wagon Wheel Market provides convenient shopping options, while the proximity to Oroville Dam and Canyon Drive offers recreational opportunities. The semi-arid environment, with its rolling hills and patches of greenery, adds to the charm and appeal of this location. Whether you're a residential buyer looking for a fixer-upper with a large lot or a commercial investor seeking a property with versatile zoning, 4575 Olive Hwy has something to offer. The mixed-use MU-2 zoning allows for a variety of applications, making this an attractive option for those looking to maximize their investment. The spacious lot and multiple outbuildings provide endless possibilities for customization and development.

Listing information courtesy of: Rick Sufuentes, Parkway Real Estate Co. . *Based on information from the Association of REALTORS/Multiple Listing as of 10/21/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.