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711 Union Ave

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Address: 711 Union Ave, Bakersfield, CA 93307, USA

California & West + Hospitality

Created date: October 10, 2024

Date last updated: October 10, 2024

Situated between easy freeway access, entertainment, schools, food and groceries.
Seller carry financing available: contact broker for details.
2 lots in total. Adjacent lot has opportunity for more units to be developed.
Located on Union Ave, nestled between Hwy-58 and Hwy-178.
Recent improvements include: newly paved parking lot, roof, solar panels (leased) and more.
Spacious manager's suite with two bedrooms, full kitchen and living room.
Traffic Count of 35,158 ADT along Union Ave in front of this property.
Bakersfield is the largest city to have the lowest sales tax in California at the state minimum of 7.25%.
Nearby points of interest include: Emerson Middle School, Vista Highschool, Fremont Elementary School, Mechanics Bank Arena, Albertson's, Walgreens, McDonald's, Panda Express, Autozone, 7-Eleven, Autozone, Little Cesar's, Dutch Bros Coffee, Dollar General, UHaul, Maya Cinemas, McMurtrey Acquatic Center, Dr. MLK Community Center and more.

Property Description

NAI Northern California is pleased to announce the sale of this well kept independent motel located directly off CA-204 in Bakersfield, CA. This offering consists of 14,092 SF in total on two 1.46-acre parcels. With 54 rentable units, this motel features forty-eight 1-bed, 1-bath units and six 1-bed, 1-bath units with kitchenettes. Also included is a spacious manager's suite with two bedrooms, one bathroom, a living room, and a kitchen. This highly traveled corridor, combined with proximity to various government administrative buildings, recreation, industry, and eateries, contributes to this motel's continued success. **Seller financing available**

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Key Property Information

Listing Status:	Unavailable
Listing Type:	Call for offers
Property Types:	Hospitality
Price:	$2,850,000
No. of Units:	54
Year Built:	1939
Lot Size:	1.46 Sq ft
Opportunity Zone:	No
Price per unit:	$52,778
Property Website	Click Here