120 1st Ave Barstow, CA 92311-2828
This exceptional 8,372 sq ft commercial property in Barstow, CA, boasts a rich history as the original Greyhound station on Route 66. Its prime location just off Main Street, within the city's designated Downtown Business and Cultural District and Route 66 Business Corridor Specific Plan, ensures high visibility and benefits from planned tourism and economic development initiatives. The property is strategically situated near revitalization efforts and new businesses like Dutch Bros Coffee, capitalizing on the significant growth spurred by the upcoming BNSF Barstow International Gateway, projected to be America's largest. Zoned "Commercial General," it offers versatile usage options including retail, restaurant, brewery, event center, commissary, medical, non-profit, and office space. The property includes a substantial 1,000 sq ft culinary kitchen equipped with a large heat venting system and walk-in refrigeration, along with commercial-grade electrical. Additional features include a large dining hall/cafeteria, formal entry, retail showroom, various office/classroom spaces, and wheelchair accessibility. The property sits on a 0.86-acre lot and benefits from high traffic counts: Main Street sees 12,900 vehicles daily, and First Avenue sees 7,500 vehicles daily. Located in a Qualified Opportunity Zone, this property presents a unique investment opportunity with significant upside potential. The property's zoning also allows for mixed-use development, combining commercial and residential uses.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.