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    1010 Union Ave Bakersfield, CA 93307

    Sponsored
    For Sale
    $2,999,999

    62-Room Motel, 1.64 Acres, High Income Potential

    Property size:
    20,425 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    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.

    Property Features for 1010 Union Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    20,425 SF
    Lot Size
    71,438 SF

    Building Details

    Year Built
    1960
    Property Profile Location Intelligence

    Current Use by Public Records

    Country Inn Motel Motel Anthony P. Porras, ... Medical Clinic El Dorado Community ... Community Health Centre Albert Castaneda, FACT Counselor American Health Services Addiction Treatment Center

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bakersfield
    County
    Kern
    State
    California
    Longitude
    -119.0016
    Latitude
    35.34388

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    FAQs

    What type of property is this?
    Commercial real estate - 62-Room Motel, 1.64 Acres, High Income Potential
    Where is this commercial real estate located?
    The property is located at 1010 Union Ave Bakersfield, CA.
    What is the asking price?
    The asking price for this property is $2,999,999.
    (661) 617-6500
    Request Owner's contact information
    1010 Union Ave Bakersfield, CA 93307
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1010 Union Ave Bakersfield, CA 93307
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