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623 Sumner Street

Bakersfield, CA 93305
  • $2,800,000
  • STATUS: Active
  • ON SITE: 25 Days
  • ID#: 202209747
UPDATED: 53 min ago
$2,800,000
  • 0
    BEDS
  • 0.57
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 21,495
    SQFT
  • $130
    $/SQFT
Neighborhood:
10
Type:
Commercial
Built:
1902
County:
Area:
10

School Ratings & Info

Description

Kern Town Motel- 28 unit hotel with 7 storefronts in the heart of Old Town Kern. Great for first time hotel owner operator or redevelopment. This property is located close to a great amount of redevelopment projects in the city of Bakersfield, iconic Bakersfield restaurants and a 5 minute drive to downtown Bakersfield.

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Information deemed reliable, but not guaranteed. Copyright Golden Empire MLS, Inc. 2022. 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 Watson Realty 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: 2022-09-25T21:31:48.99.
www.teamalishaan.com/homes/132597376
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623 Sumner Street Bakersfield, CA 93305

  • Price: $2,800,000
  • Status: Active
  • On Site: 25 Days
  • Updated: 53 min ago
  • ID#: 202209747
0
Beds
0
Baths
0
½ Baths
0.57
Acres
21,495
SQFT
$130
$/SQFT
1902
Built
Neighborhood:
10
County:
Kern
Area:
10
Property Description
Kern Town Motel- 28 unit hotel with 7 storefronts in the heart of Old Town Kern. Great for first time hotel owner operator or redevelopment. This property is located close to a great amount of redevelopment projects in the city of Bakersfield, iconic Bakersfield restaurants and a 5 minute drive to downtown Bakersfield.
Property Features

Annual Gross Income 294000.00 Annual Net Income 176400.00 Cap Rate 6% Commercial Type Commercial Current Use HotelRetail Total Annual Expense 117600.00 Zone C2

Listing courtesy of Kal Patel of Watson Realty: .


Information deemed reliable, but not guaranteed. Copyright Golden Empire MLS, Inc. 2022. 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 Watson Realty 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: 2022-09-25T21:31:48.99.
 
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Agentcor Realty
5016 California Ave
Bakersfield CA, 93309