For Sale
$785,000

345 Glenwood StDelano, CA 93215

Prime Delano location, multiple income streams.

Overview

Added:
Feb 3
Days on market:
60
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 Details for 345 Glenwood St

Property type
Square Feet
5,168 SF
Year Built
1940
Lot Size (sq. ft)
14,810 SF

Location Insight

City
Delano
County
Kern
State
California
Latitude
35.76122
Longitude
-119.2474
345 Glenwood St, Delano, California

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345 Glenwood St
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