Commercial Property – Intersection of Oro Quincy Highway/Kelly Ridge Rd.
Asking Price - $2,843,000
5 Parcels 069-590-036, 37, 38, 39, & 069-520-007
Zoned GC (General Commercial)
The Subject Property is located at the high profile intersection of Highway 162 (Oro-Quincy HW) – Kelly Ridge Rd. – Miners Ranch Rd. – Heritage Rd. and Old Olive Highway directly across from the Lakeside Market and a new Dollar General store, offering commercial services available to residents and visitors alike. The corner portion of the eastern parcel is an especially powerful and highly visible location and offers an exceptional cornerstone signage opportunity. The Average Daily Traffic Count according to the California Department of Transportation is 5,600 vehicles and during the tourist season a steady stream of local and out of town traffic passes through this “gateway to the lake” towing a wide variety of boats, trailers and other recreational equipment. The primary population center near the Subject Property is currently Kelly Ridge Estates, a 1,500 home development community overlooking Lake Oroville, which includes a golf club, restaurant, clubhouse, swimming pools and tennis courts. Just a few blocks away, another newer development called “The Ridge”, a gated community of more than 300 well appointed homes with spectacular foothill views. For more information contact Mike Donnelly at 530-828-0011.
General Commercial (GC). The purpose of the GC zone is to allow for a full range of retail, service, and office uses to serve residents, workers, and visitors. Standards for the GC zone are intended to en-sure that a diversity of commercial uses are available within convenient locations throughout the coun-ty. Permitted uses include general retail, personal services, professional offices, restaurants, gas and ser-vice stations, hotels and motels, and other similar commercial uses. Multiple-family dwellings, vehicle repair, light manufacturing, and warehousing and storage are permitted in the GC zone with the ap-proval of a Conditional Use Permit. Single-family homes are not permitted in the GC zone. The max-imum permitted floor area ratio in the GC zone is 0.4. The GC zone implements the Retail and Office land use designation in the General Plan.
Oro Quincy Hwy & Kelly Ridge Road, Oroville CA 95966