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Northern California Redevelopment Project 30 S Lassen St., Susanville, CA 96130
Multi-Family
Mixed Use
Property Description
Discover the Ultimate Investment Opportunity: A Historic, Vacant Property located in an Opportunity Zone, EB-5 Eligible, with Some Seller Financing! This investment opportunity has a great combination of history, tax incentives, and incredible potential returns. Here's why this vacant property should be your next investment: Historic Charm Meets Modern Opportunity: This property is a true testament to architectural beauty, listed on the Historic Registry. Steeped in history and elegance, it offers a unique blend of classic charm and modern potential. Restore this historic gem to its former glory while unlocking substantial tax benefits in the process. Located in an Opportunity Zone: Strategically positioned within an Opportunity Zone, this property offers investors an extraordinary opportunity. Benefit from significant tax advantages, including potential deferrals and reductions on capital gains taxes. Your investment will not only yield impressive financial returns but also contribute to the economic revitalization of the community. EB-5 Eligible: Take your investment to the next level by utilizing the EB-5 Immigrant Investor Program. Invest in this property and create jobs, directly contributing to the growth of the local economy. As an EB-5 eligible project, it paves the way for international investors seeking U.S. residency and citizenship. Mixed-Use Potential: Unlock the full potential of this property with its versatile mixed-use zoning. Whether you envision boutique offices, upscale residences, trendy shops, or a vibrant entertainment hub, the possibilities are limitless. Diversify your income streams and secure a resilient investment in a changing economic landscape. Exceptional Return on Investment (ROI): This property can potentially yield an outstanding ROI. With its rich history, central location, and mixed-use potential, you can expect robust cash flow and capital appreciation. This investment offers both short-term and long-term growth potential, positioning you for financial success. Some Seller Financing Available: Securing financing for a vacant property can be challenging We are pleased to offer seller financing options to qualified investors. This ensures a smooth investment process, giving you the flexibility you need to bring your vision to life. Now is the time to seize this unique opportunity. Invest in a property that not only appreciates in value but also preserves a piece of history. Transform this vacant building into a vibrant, income-generating asset while benefiting from tax incentives, EB-5 eligibility, and seller financing. Contact us today to learn more about how you can make this historic, vacant property your next profitable investment. The future of this property is limited only by your imagination, and the possibilities are boundless!
Area Description
The Hotel Mount Lassen is located in downtown Susanville. Located on the main street in downtown Susanville, This Unique property is located in Opportunity Zone as well as EBs You can see the Historic buildings as it sits on the highest level and dominates in the center of downtown. With parking and EV stations being installed in the public parking across the street. Biz Johnson Trail - 70 Biking Trails – 5 minutes Susanville Ranch Park – 35 Biking Trails Lassen National Forest Diamond Mountain Casino Hotel Brewery Lassen Historical Museum – 17 Specialty Museums Lake Almanor - 25 minutes Lassen Volcanic National Park – 1 hour Lake Tahoe - 2 hours Eagle Lake – 16 miles – Water Skiing, Jet Skiing, Pleasure cruisers, Fishing Boats, Windsurfing, Sailing, Kayaking, Canoeing, Paddle-boarding, Camping Diamond Mountain 18 Hole Golf Course Walking distance to Shopping, Bars, Restaurants, and Additional Attractions Airports: Susanville Municipal Airport 6.2 miles, Reno-Tahoe Int’l Airport 87.6 miles Banner Lassen Medical Center and ER – 3.3 miles Convenient access to highways; California State Route 36, 139, and US Route 395
Highlights
- Vacant property with solid concrete, brick, and steel structure, ready for redevelopment. - Recent renovations include asbestos removal and essential upgrades. - Historically significant building listed on the Historic Registry for the State of California. - Prime location with opportunities for street-level shops, restaurants, and a grand foyer. - Independently climate-controlled guest rooms with partial fire sprinklers and fireplaces. - 9-foot high ceilings in each guest room and large interior hallways with scenic views. - Potential for mixed-use projects, including hospitality, assisted living, retail, restaurants, and meeting spaces. - Located in a top-rated tourist destination with outdoor activities like kayaking, hiking, and fishing. - Proximity to attractions, including national parks, lakes, golf courses, and casinos. - Walking distance to shopping, bars, restaurants, and additional amenities. - Convenient access to major highways and airports. This property offers a unique opportunity for redevelopment in a prime location with historical significance and a wide range of potential uses.
Full Address: 30 S Lassen St., Susanville, CA 96130
Listing Type: FOR SALE
Status: Active
Zoning: Commercial
Region: W-WP
County: Lassen
Use Type: Investment
Property ID: 4031226
Clearance Height: 9
Building Sf: 46000
Parcel Num: 103-303-007-000
Number Units: 58
Number Buildings: 1
Year Built: 1924
Year Renovation: 2009
Free Standing: Yes
- Vacant property with solid concrete, brick, and steel structure, ready for redevelopment. - Recent renovations include asbestos removal and essential upgrades. - Historically significant building listed on the Historic Registry for the State of California. - Prime location with opportunities for street-level shops, restaurants, and a grand foyer. - Independently climate-controlled guest rooms with partial fire sprinklers and fireplaces. - 9-foot high ceilings in each guest room and large interior hallways with scenic views. - Potential for mixed-use projects, including hospitality, assisted living, retail, restaurants, and meeting spaces. - Located in a top-rated tourist destination with outdoor activities like kayaking, hiking, and fishing. - Proximity to attractions, including national parks, lakes, golf courses, and casinos. - Walking distance to shopping, bars, restaurants, and additional amenities. - Convenient access to major highways and airports. This property offers a unique opportunity for redevelopment in a prime location with historical significance and a wide range of potential uses.