Olive Highway Commercial Land Just Over From Gold Country Casino

Descriptions

One lot over from Gold Country Casino Land. Unique 6/- acre parcel with mixed use (MU2 zoning). Driveway to an expansive pad area of around 3+/- acres above road level. Power at property line & 4 bed septic exists. Sewer line runs thru the lower portion of property which is scattered in trees. There appears to be an existing storm drain & power is along the north edge. Lower end of property offers rolling terrain scattered in oaks & natural foliage. Plenty of usable ground. Great property for the individual wanting to live here & run a business from the same location, or a development of retail & residential combined. There was a well on this property when buyer purchased; agent was unable to locate the well shaft if still existing. Located just up from Gold Country Casino & RV Park, next to a Mobile Home Park & directly across street from the Christian School. (MU2 zoning per Butte County web site. MU2 shows as 7-14 units per acre with proper planning. On top of the residential allowances, this parcel could potentially be used for commercial allowances. Permitted commercial uses may include general retail, personal services, restaurant, professional offices & other similar uses. The purpose of the mixed use zone is to allow for a mixture of residential & commercial land uses either within a single building or on the same parcel. Interested parties to verify zoning allowances with Butte County.) Zoning Allowances & Septic info in other docs in MLS; ask Realtor for a copy. There is a Cal Trans Reservation for about 0.75+/- acres of frontage that was used for road widening. NOTE: CalTrans has taken 0.75+/-ac 32,620+/-sf of frontage to improve the road frontage and widen road. See map in other docs. This will reduce the 6.01+/- acres to around 5.26+/- acres. There is also a moratorium on cutting into the new widened street to run water across for an estimated 3+ years per owner. Water line exists on opposite side of road. Buyer advised to investigate to satisfy ones self. Great buy and hold property. They aren't making land anymore! Price reflects a moratorium on running water across the road for 3.5+/- years. Was a 5 year timeframe from CalTrans work. Land Bank Buyer?