For Sale
$2,999,999

1010 Union AveBakersfield, CA 93307

62-Room Motel, 1.64 Acres, High Income Potential

Overview

Added:
Feb 3
Days on market:
59
This exceptional investment opportunity presents a well-established 62-room motel situated on a spacious 1.64-acre lot at 1010 S Union Avenue, Bakersfield, CA. Established in 1960, the Country Inn Motel boasts a long-standing history of serving locals, travelers, and visitors alike. Its prime location near the Golden West Casino, a weekly outdoor swap meet, and the Kern County Fair (attracting over 300,000 attendees annually) ensures a consistent stream of guests throughout the year. The single-story motel features a mix of double-bed, single-bed, and suite accommodations. On-site amenities include a welcoming reception area and reservation desk, a two-bedroom apartment ideal for an on-site manager or owner, and convenient laundry facilities. Adding significant value to this offering is an adjacent building currently leased as a medical office, generating a stable monthly rental income of $6,000. The property also benefits from paid-off solar panels powering the on-site electric water heater system, providing cost-effective hot water for the entire property. The motel's 20,425 square feet of space and strategic location create a compelling investment prospect with substantial potential for strong returns. This turnkey operation is offered at $2,999,999 and presents a rare chance to acquire a thriving business with a proven track record and significant upside.

Property Details for 1010 Union Ave

Property type
Square Feet
20,425 SF
Year Built
1960
Lot Size (sq. ft)
71,438 SF

Location Insight

City
Bakersfield
County
Kern
State
California
Latitude
35.34388
Longitude
-119.0016
1010 Union Ave, Bakersfield, California

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1010 Union Ave
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