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9705-9711 Main Street

Lamont, CA 93241
  • $1,200,000
  • STATUS: Active
  • ON SITE: 17 Days
  • ID#: 202405311
UPDATED: 86 min ago
$1,200,000
  • 0
    BEDS
  • 0.45
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,000
    SQFT
  • $400
    $/SQFT
Neighborhood:
91
Type:
Commercial
Built:
1956
County:
Area:
91

School Ratings & Info

Description

Very popular restaurant and bar to be sold with a 12 room motel with office & laundry. Both have been well maintained & upgraded. The motel is 4,170 sf & is not currently in operation. Seven of the twelve rooms have been refurbished. The remaining rooms need some minor plumbing finish work. The restaurant uses the motel parking lot. The restaurant and the motel parking lot should rent for 48,000/mo. The restaurant business which produces $960k/yr., can be purchased for $650,000 with the real estate.

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Information deemed reliable, but not guaranteed. Copyright Golden Empire MLS, Inc. 2024. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Infinity Real Estate Services or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2024-06-17T09:31:36.07.
www.kerncountyhouse.com/homes/151109344
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9705-9711 Main Street Lamont, CA 93241

  • Price: $1,200,000
  • Status: Active
  • On Site: 17 Days
  • Updated: 86 min ago
  • ID#: 202405311
0
Beds
0
Baths
0
½ Baths
0.45
Acres
3,000
SQFT
$400
$/SQFT
1956
Built
Neighborhood:
91
County:
Kern
Area:
91
Property Description
Very popular restaurant and bar to be sold with a 12 room motel with office & laundry. Both have been well maintained & upgraded. The motel is 4,170 sf & is not currently in operation. Seven of the twelve rooms have been refurbished. The remaining rooms need some minor plumbing finish work. The restaurant uses the motel parking lot. The restaurant and the motel parking lot should rent for 48,000/mo. The restaurant business which produces $960k/yr., can be purchased for $650,000 with the real estate.
Property Features

Annual Gross Income 960000.00 Annual Net Income 710000.00 Cap Rate 5.9% Commercial Type Commercial Current Use Restaurant Total Annual Expense 250000.00 Zone C-2

Listing courtesy of Chuck Naus of Watson Realty: .


Information deemed reliable, but not guaranteed. Copyright Golden Empire MLS, Inc. 2024. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Infinity Real Estate Services or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2024-06-17T09:31:36.07.
 
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