2320 Belshaw StMojave, CA 93501

  • Turn key restaurants
  • 1,358 SF
For Sale
$299,995 View listing

Property Details for 2320 Belshaw St

Year built
1920
Construction
WOOD
Lot size
0.17 AC
Property size (Sq ft)
1,358 SF
Zone code
C2
Property type
Turn key restaurants
APN
236-171-02-00-2
APU
23617102002

Description

This exceptional 1,358-square-foot retail building is situated on a 0.17-acre lot in the heart of downtown Mojave, California. Its highly visible location directly off the heavily traveled Highway 14 freeway ensures significant exposure to a large volume of daily traffic. The property boasts a rich history, having served for over a decade as the town's most renowned restaurant. Currently zoned C2, this versatile building offers a multitude of potential uses beyond its previous function. The existing layout includes a spacious dining area, a convenient drive-thru window, attractive deli/pastry display cases, a fully equipped kitchen, and a public restroom. These features make it ideally suited for a variety of food service or retail businesses. The building's strong historical significance adds unique character and appeal. This is a rare opportunity to acquire a piece of Mojave's heritage and establish a thriving business in a prime, high-traffic location. The asking price is $299,995. This owner-occupied opportunity is not to be missed. The property's strategic location and versatile layout present a compelling investment prospect for discerning buyers seeking a well-established commercial space in a growing community. The building's history and existing infrastructure provide a solid foundation for a successful venture.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $632,425
    6.5%
    $583,777
    7%
    $542,078
  • Comparable approach

    Method
    Valuation
    Relative Method
    $650,758
    Geo Method
    $650,758
  • Alternative Use

    Use
    Valuation
    Residential
    $492,438
    Hospitality
    $451,070
    Educational
    $375,285
    Medical
    $388,192
    Retail
    $583,777

Location Insight

City
Mojave
County
Kern
State
California
Latitude
35.0549
Longitude
-118.174
CBSA code
12540
CBSA name
BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,524
$36,604
$89,631
$126,235
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