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    OFF-MARKET
    Retail space

    252 Main St, Blythe, CA 92225-1623

    3,185 SF 0.17 ac lot Built 1947
    Individually Owned 2-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US09-3373965
    Property summary
    AI-generated overview

    This exceptional 2,300 square foot commercial property located at 252 Main Street in the heart of Blythe, California, presents a unique investment opportunity. Currently configured as a restaurant, this well-known and beloved local establishment is ready for a new owner to step in and continue its success. Recent renovations have significantly upgraded the property's infrastructure, including the installation of a new sewer and water main, a new 40-amp electrical panel, a new gas line, new cleanouts, and a substantial new 2500-gallon grease trap—equivalent in size to that of a Chipotle restaurant. This demonstrates a commitment to modern standards and operational efficiency. The property sits on a 0.17-acre lot, offering ample space for outdoor seating or potential expansion. The building's prime location in Blythe ensures high visibility and accessibility to a loyal customer base. Furthermore, there's a possibility of acquiring the adjacent lot, providing an exceptional opportunity for expansion or additional parking, subject to separate negotiation. This turnkey operation is priced at $379,000 and represents a rare chance to acquire a thriving business in a desirable location. Don't miss this chance to own a piece of Blythe's culinary history.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1947
    Construction TILT-UP CONCRETE
    Total area 3,185 SF
    Lot 0.17 ac (7,405 SF)
    Zoning code M1
    APN 845-122-006
    UPID US09-3373965
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Rex Kapriellian Simon · 2 yrs held
    Rex Kapriellian Simon
    since 2023
    Last sale
    $95,000
    4 recorded transactions
    2023
    2022
    $95,000
    2017
    1969
    Zoning & alternative use
    M1 · Blythe, CA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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