For Sale
$1,200,000

9705 Main St Lamont, CA 93241

Profitable Restaurant, Motel Potential

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional investment opportunity encompasses two buildings on a large lot in Lamont, CA. The main property is a thriving restaurant, El Pueblo, generating $960,000 in gross annual revenue and situated on a 19,698 sq ft lot. The restaurant itself boasts 3,000-7,070 square feet of space, recently renovated within the last 5-7 years, and is zoned C-2. An adjacent 12-room motel, while currently not in operation, presents significant upside potential. Seven rooms are fully refurbished, with the remaining five requiring minor plumbing completion. The restaurant is offered at $1,200,000, and includes the business, El Pueblo, for an additional $650,000. The restaurant's estimated rental value is $8,000 per month, net-net-net (NNN), with access to the motel's parking lot. This single-tenant, Class C property presents a unique opportunity for owner-users or investors seeking a combined restaurant and motel venture. The property consists of two single-story buildings and features APN numbers 188-031-18 & 19. This fee-simple ownership offers a compelling combination of established income and redevelopment potential.

Property Details for 9705 Main St

Property type
Retail properties, Restaurants
Square Feet
3,000 SF
Class
C
Year Renovated
5
Buildings
2
Stories
1

Location Insight

City
Lamont
County
Kern
State
California
Latitude
35.2661418
Longitude
-118.9139798

FAQs

What type of property is this?
Retail property - Profitable Restaurant, Motel Potential
Where is the retail property located?
The property is located at 9705 Main St Lamont, CA.
What is the asking price?
The asking price for this property is $1,200,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
9705 Main St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message