1010 Union Avenue
$2,999,999
Description
1010 Union Avenue,
Bakersfield,
CA
93307
Welcome to Country Inn Motel! A Bakersfield original serving locals, travelers & visitors since 1960. This 62 room motel on a 1.64 acre lot, is conveniently located near the Golden West Casino, weekly outdoor swap meet, Kern County Fair which attended by over 300,000 people every year and public transportation ensuring steady stream of guests year round. Motel is a 1 story, with mix of double bed, single bed, and suites. Property also consists of a separate welcoming reception area /reservation desk, 2 bedroom apartment for on site manager/owner to comfortable live in and laundry facilities. Also included in the sale next door is another building, which is currently being operated and leased as a Medical Office generating $6,000 a month in rental income. Sale also includes paid off solar panels that power the on site electric water heater system, that provides hot water to the entire property. This project can generate promising returns and a business deemed for success.
This is an Active listing.
Broker Office Phone Number: 661-617-6500
Copyright © 2024Bakersfield Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Listing By: Keller Williams Realty via Data Source: Bakersfield Association of Realtors
Price History
date | price | variance | type |
---|
11/14/2024 | $2,999,999 | 14.29 % | decreased |
6/30/2024 | $3,499,999 | - | Listed |
listing agent: Moiz Lakdawala