125 Buena Vista DrKernville, CA 93238

Property Details for 125 Buena Vista Dr

Year built

1954

Construction

WOOD

Lot size

1.00 AC

Property size (Sq ft)

6,359 SF

Zone code

C1

Property type

Retail properties

Property subtype

Turn key restaurants

APN

082-020-12-00-9

APU

8202012009

Description

This exceptional 6,359 square foot restaurant, situated on a one-acre lot at 125 Buena Vista Drive in Kernville, California, presents a rare opportunity. Known as "Ewings on the Kern," this highly successful establishment boasts panoramic views of the Kern River and surrounding mountains, creating an unforgettable dining experience for patrons. The meticulously designed interior complements the natural beauty, offering a warm and inviting ambiance with high-quality finishes. A spacious dining area features large windows showcasing the breathtaking river vistas. The fully equipped commercial kitchen is expansive, providing ample workspace for culinary creativity. A delightful patio extends the dining experience outdoors, allowing guests to enjoy the river's sights and sounds. This prime location is conveniently situated near popular tourist attractions and outdoor recreational activities, ensuring a consistent flow of customers. The property's success is a testament to its prime location, stunning views, and exceptional ambiance. This turnkey operation is ready for a new owner to continue its legacy of success in the vibrant Kern River Valley. The asking price is $1,549,950.

• CAP approach

  CAP return

  Valuation

  6%

  $2,606,991

  6.5%

  $2,406,453

  7%

  $2,234,564

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,047,253

  Geo Method

  $3,047,253

• Alternative Use

  Use

  Valuation

  Residential

  $2,029,933

  Hospitality

  $1,859,408

  Educational

  $1,547,006

  Medical

  $1,600,210

  Retail

  $2,406,453

Location Insight

City

Kernville

County

Kern

State

California

Latitude

35.7582

Longitude

-118.42

CBSA code

12540

CBSA name

BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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