Property summary
This exceptional commercial property at 345 Glenwood Street, Delano, CA, presents a unique investment opportunity. Spanning 5,168 square feet on a 0.34-acre lot, this property boasts a diverse range of income-generating assets. A well-established convenience store provides a consistent revenue stream, complemented by a thriving bar that caters to the local community. Adding to the property's versatility are five apartments, each offering potential for rental income. The property's prime location ensures high visibility and ample foot traffic, maximizing its earning potential. While the property would benefit from some updating and attention to deferred maintenance, the solid foundation and existing businesses provide a strong base for future growth. Recent improvements include the installation of new water meters in the past year, demonstrating a commitment to ongoing property upkeep. This multi-faceted property offers a compelling blend of established businesses and rental income, making it an ideal addition to any investor's portfolio. The potential for increased profitability through renovations and strategic management is significant. This is a rare opportunity to acquire a well-positioned commercial property with multiple income streams in a thriving Delano location.
Property profile
VerifiedCap rate & NOI
Current use
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Grocery & Convenience Store Food Market
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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