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Property profile & analytics

314 Ctr St Taft, CA 93268-3509

  • Turn key restaurants
  • 2,731 SF
  • 0.07 lot acres
OFF-MARKET
Last Sale
Mar 08, 2021
$60,000
Value Estimations
$75,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US09-0494289
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Kations Towings & Co / Tire Shop

Property Details for 314 Ctr St

Year built
1918
Construction
WOOD
Lot size
0.07 lot acres
Property size
2,731 SF
Zone code
DC
Property type
Turn key restaurants
APN
031-030-16-00-2
APU
3103016002

Description

This exceptional business opportunity presents a substantial 2,731 square foot building ideally situated at 314 Center Street in Taft, California. The property boasts a rich history, having served as a thriving restaurant for over half a century. Currently vacant, this building is ready for its next chapter. The expansive space includes a large kitchen area complete with a 16-foot hood, ample storage, and two bathrooms. The layout comfortably accommodated approximately 50 diners with existing tables and booths, which are included in the sale. A significant advantage is the inclusion of living quarters above the commercial space, featuring four rooms and a third bathroom. This provides a unique opportunity for owner-occupancy or additional rental income. While the property requires some updates, including new flooring and kitchen equipment, the substantial size and existing infrastructure offer significant potential for a variety of uses. The building's location benefits from a public parking lot directly across the street, ensuring convenient access for customers. Note that the adjacent building at 312 Center Street is also available for purchase. The seller is willing to consider carrying a short-term mortgage with a 30% down payment. The lot size is 0.07 acres. The asking price is $205,900.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $75,000
    ML approach
    $70,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Taft
County
Kern
State
California
Longitude
-119.457
Latitude
35.1405
CBSA code
12540
CBSA name
BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,477
$9,363
$32,252
$41,615
-
$0.00
$0.00
$0.00
More about this property
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