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Realty Point, Inc.

admin@realtypoint.net +1(916) 936-3930

$65,000

Est. payment - /mo

10,367 Sqft Lot

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Key Details

Property Type Commercial

Sub Type Commercial Lot

Listing Status Active

Purchase Type For Sale

MLS Listing ID 226019355

HOA Y/N No

Lot Size 10,367 Sqft

Acres 0.238

Property Sub-Type Commercial Lot

Source MLS Metrolist

Property Description

This property is in receivership pursuant to California Health & Safety Code 17980.6 and 17980.7 in the matter of Susanville v. Terranova Strategies LLC in Lassen County Superior Court Case No. 2025CV0076718. The property is being offered for sale by Daniel L. Collins, solely in his capacity as the Court Appointed Receiver and the sale terms are subject to approval by the Court. The property consists of a 10,366 sqft lot where the historic St. Francis Hotel was located until the hotel was destroyed by fire in November 2024. The ownership entity was unresponsive to the fire event, and the City sought the appointment of a Receiver to abate all violations. The demolition of the destroyed hotel has been completed with full approvals from the governing entities, and the Seller will close the sale free of all liens and with insured title. Pricing of this property is offered at land bank value as an inducement to have this site redeveloped and put back into good and productive use. No sign is posted at the property, it is located at the corner of Main St and S. Union St in central Susanville. The property is zoned commercial and residential uses are allowed pursuant to recent State of California legislation that supports outright residential use approvals. Consult with a qualified engineer, planner, or attorney for those allowed residential development uses. Receiver Dan Collins may be contacted by email at dan@strategicreceiver.com to provide diligence materials for prospective investors. The Receiver/Seller cannot represent buyers so it is recommended investors consider using a qualifeid agent/realtor.

Location

State CA

County Lassen

Area Lassen County

Zoning C7 commercial residential

Direction Hwy 36 to Main St and the corner of S. Union St

Exterior

Utilities Available Public, Sewer Available, Natural Gas Available, Water Available

Water Access Desc Public

View City

Topography Mostly Level

Street Surface Paved

Road Frontage Highway Exposure, City Street

Building

Lot Description Corner

Sewer Public Sewer

Water Public

Schools

Elementary Schools Other

Middle Schools Other

High Schools Other

School District Other

Others

Senior Community No

Tax ID 103-323-006-000

Special Listing Condition Subject to Court Confirmation

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Listed by Collins Commercial

Nearby School & Business

Homes Availalbe by Area

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Realty Point, Inc.

+1(916) 936-3930

Real Estate Brokerage CA DRE#02212763

830 Main ST Susanville, CA 96130

Realty Point, Inc.

Key Details

Location

Exterior

Building

Schools

Others

Nearby School & Business

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