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    9705 Main St Lamont, CA 93241

    Sponsored
    For Sale
    $650,000

    Established Restaurant & Bar, High-Traffic Location

    Property size:
    3,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This thriving restaurant and bar, located at 9705 Main St, Lamont, CA 93241, presents a unique investment opportunity. The 3,000 square foot, Class C property sits on a 19,698 square foot lot and includes two buildings, each one story. Built in 1956 and recently upgraded (within the last 5-7 years), the property boasts 149 seats inside, plus an additional outdoor area perfect for events or expanded dining. The sale includes a valuable beer/wine and alcohol license. The property is zoned C-2, offering flexibility for future uses. The asking price is $650,000, and the sale includes fee ownership. An adjacent 12-room motel (9711 Main St.) is available for purchase with the restaurant for a combined price of $1,200,000. Alternatively, the restaurant and motel parking lot can be leased for $8,000 per month, net-net-net (NNN). The property's APN is 188-031-18 & 19. This turnkey operation is ready for a new owner to continue its success. The total net rentable square footage is 3,000 sq ft, spread across two units. This is a fee simple ownership opportunity.

    Property Features for 9705 Main St

    General Information

    Property type
    Investment properties
    Square Feet
    3,000 SF
    Class
    C

    Building Details

    Year Built/Renovated
    1956/5
    Buildings
    2
    Stories
    1
    Units
    2
    Property Profile Location Intelligence

    Current Use by Public Records

    El Pueblo Restaurant Mexican Restaurant

    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
    Lamont
    County
    Kern
    State
    California
    Longitude
    -118.91439247849
    Latitude
    35.266448628452

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    FAQs

    What type of property is this?
    Investment property - Established Restaurant & Bar, High-Traffic Location
    Where is this investment property located?
    The property is located at 9705 Main St Lamont, CA.
    What is the asking price?
    The asking price for this property is $650,000.
    (661) 912-1363
    Request Owner's contact information
    9705 Main St Lamont, CA 93241
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    Lamont, CA 93241
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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
    9705 Main St Lamont, CA 93241
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