1010 Union Ave Bakersfield, CA 93307

This exceptional investment opportunity presents a well-established 62-room motel situated on a spacious 1.64-acre lot at 1010 S Union Avenue, Bakersfield, CA. Established in 1960, the Country Inn Motel boasts a long-standing history of serving locals, travelers, and visitors alike. Its prime location near the Golden West Casino, a weekly outdoor swap meet, and the Kern County Fair (attracting over 300,000 attendees annually) ensures a consistent stream of guests throughout the year. The single-story motel features a mix of double-bed, single-bed, and suite accommodations. On-site amenities include a welcoming reception area and reservation desk, a two-bedroom apartment ideal for an on-site manager or owner, and convenient laundry facilities. Adding significant value to this offering is an adjacent building currently leased as a medical office, generating a stable monthly rental income of $6,000. The property also benefits from paid-off solar panels powering the on-site electric water heater system, providing cost-effective hot water for the entire property. The motel's 20,425 square feet of space and strategic location create a compelling investment prospect with substantial potential for strong returns. This turnkey operation is offered at $2,999,999 and presents a rare chance to acquire a thriving business with a proven track record and significant upside.