Property profile

252 Main St Blythe, CA 92225

OFF-MARKET
Retail space
Property ID
US09-3373965
3,185 SF 0.17 ac lot Built 1947
Individually Owned 2-yr Hold Absentee Owner ~ Est. High Equity
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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

Location

252 Main St Blythe, CA 92225-1623
Blythe metro Census 46102 RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$120k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$100k

Owner & transaction history

since 2023
Last sale
$95,000
4 recorded transactions
2023
Price N/A
2022
$95,000
2017
Price N/A
1969
Price N/A

Zoning & alternative use

M1 · Blythe, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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