252 Main StBlythe, CA 92225

Property Details for 252 Main St

Year built

1947

Construction

TILT-UP CONCRETE

Lot size

0.17 AC

Property size (Sq ft)

3,185 SF

Zone code

M1

Property type

Retail space

APN

845-122-006

APU

845122006

Description

This exceptional 2,300 square foot commercial property located at 252 Main Street in the heart of Blythe, California, presents a unique investment opportunity. Currently configured as a restaurant, this well-known and beloved local establishment is ready for a new owner to step in and continue its success. Recent renovations have significantly upgraded the property's infrastructure, including the installation of a new sewer and water main, a new 40-amp electrical panel, a new gas line, new cleanouts, and a substantial new 2500-gallon grease trap—equivalent in size to that of a Chipotle restaurant. This demonstrates a commitment to modern standards and operational efficiency. The property sits on a 0.17-acre lot, offering ample space for outdoor seating or potential expansion. The building's prime location in Blythe ensures high visibility and accessibility to a loyal customer base. Furthermore, there's a possibility of acquiring the adjacent lot, providing an exceptional opportunity for expansion or additional parking, subject to separate negotiation. This turnkey operation is priced at $379,000 and represents a rare chance to acquire a thriving business in a desirable location. Don't miss this chance to own a piece of Blythe's culinary history.

• CAP approach

  CAP return

  Valuation

  6%

  $829,619

  6.5%

  $765,802

  7%

  $711,102

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,316,896

  Geo Method

  $1,316,896

• Alternative Use

  Use

  Valuation

  Residential

  $645,982

  Hospitality

  $591,716

  Educational

  $492,301

  Medical

  $509,232

  Retail

  $765,802

Location Insight

City

Blythe

County

Riverside

State

California

Latitude

33.6132

Longitude

-114.599

CBSA code

40140

CBSA name

RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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