314 Ctr St Taft, CA 93268-3509
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.
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Kations Towings & Co (Bike/Boat/Book/etc) Store Auto Parts 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
Property description
Physical attributes from public recordsZoning & alternative use
DC · Taft, CATaft. 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.