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Property profile & analytics
FOR SALE
Motels

1701 Union Ave Bakersfield, CA 93305

4,380 SF 0.42 ac lot Built 1943
Individually Owned 33-yr Hold ~ Est. High Equity
Property ID
US09-1208267
Property summary
AI-generated overview

This turnkey retail opportunity presents a well-established liquor store for sale in Bakersfield, CA. Located at 1701 Union Ave, this 2,700 square foot, single-story building boasts a prime location on a high-traffic corner, ensuring excellent visibility and consistent customer flow. The business benefits from a loyal customer base built over years of operation, providing a stable foundation for continued success. The sale includes a comprehensive inventory of wines, spirits, beer, snacks, and convenience items, along with all necessary equipment such as coolers, shelving, and point-of-sale systems. Ample on-site parking ensures easy access for customers. This established business offers immediate income potential and significant growth opportunities, given Bakersfield's expanding population and the store's strategic location. The asking price is $399,000. This is an ideal investment for both first-time buyers and experienced operators seeking a profitable and established business in a thriving market. The property is situated in Kern County, CA, zip code 93305.

Property profile
Verified
Property type Motels
Use group MOTEL
Year built 1943
Construction WOOD
Total area 4,380 SF
Lot 0.42 ac (18,295 SF)
APN 166-263-27-00-5
UPID US09-1208267
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Globe Motel Hotel & Motel
  • Coinflip Bitcoin ATM Financial Advisor
  • LibertyX Bitcoin ATM Atm
  • Silvester Reyes Nicholas Aka Silver Da Millennium University
  • LA BUENA CARNICERIA & LIQUOR STORE (Bike/Boat/Book/etc) Store Wine and Liquor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Balavant D Patel · 33 yrs held
Balavant D Patel
since 1993
2 recorded transactions
2017
Price N/A
1993
$129,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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