10009 Main StLamont, CA 93241
- Retail properties
- 2,535 SF
Property Details for 10009 Main St
- Year built
- 1964
- Construction
- WOOD
- Lot size
- 0.75 AC
- Property size (Sq ft)
- 2,535 SF
- Zone code
- C2
- Property type
- Retail properties
- Property subtype
- Turn key restaurants
- APN
- 188-041-11-00-0
- APU
- 18804111000
Description
This exceptional owner-user opportunity presents a 2,535-square-foot restaurant building situated on a sizable 12,650-square-foot lot at 10009 Main Street in Lamont, California. The property, classified as Class C, boasts a single tenant currently operating a car wash, with less than two years remaining on their lease. The asking price is $425,000, offering a strong net operating income (NOI) of $24,000. Built in 1964, this single-story building is zoned C-2, providing flexibility for various uses. The sale includes the adjacent vacant lot (APN 188-041-12), adding significant potential. Included in the sale are a walk-in cooler and some kitchen equipment. This is an ideal opportunity for an owner-operator seeking a high-traffic location on Main Street. The property's high occupancy rate of 100% speaks to its desirability. All offers are subject to an interior inspection. Prospective buyers should note that the current tenant should not be disturbed. The property's APN is 188-041-11&12. This is a fee simple ownership.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,061,798
- 6.5%
- $980,121
- 7%
- $910,113
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,214,780
- Geo Method
- $1,214,780
-
Alternative Use
- Use
- Valuation
- Residential
- $826,769
- Hospitality
- $757,316
- Educational
- $630,078
- Medical
- $651,747
- Retail
- $980,121
Location Insight
- City
- Lamont
- County
- Kern
- State
- California
- Latitude
- 35.2641
- Longitude
- -118.914
- CBSA code
- 12540
- CBSA name
- BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
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