1325 China Lk Blvd Ridgecrest, CA 93555-2600
This exceptional mixed-use storefront property at 1325 N China Lake Blvd, Ridgecrest, CA 93555, presents a compelling investment opportunity. The 2,000 square foot, single-tenant building, constructed in 1988, boasts a Class B rating and is situated on a heavily trafficked street in Kern County. Currently operating as a turnkey dry cleaning business, the property offers a substantial net operating income (NOI) of $168,000, resulting in a 23.33% capitalization rate at the asking price of $720,000. The sale includes an established 18-year client database and all debt-free machinery and equipment. The property is zoned "C" and features a single story. The Assessor's Parcel Number (APN) is 419-031-05. Alternatively, the building is available for purchase separately at $599,999. This presents a rare chance to acquire a profitable, established business or a strong standalone commercial property in a prime location. The price per square foot is $360.
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Ridgecrest Cleaners (Bike/Boat/Book/etc) Store
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
C1 · Ridgecrest, CARidgecrest. Always verify with local authorities before improvements.
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.