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900 S Union Ave
Bakersfield, CA 93307 Casa Loma

$2,399,999 USD

Hotel For Sale  •  9,328 SF

Property Details

  • Property Type Hotel
  • Total Building Size 9,328 SF
  • Lot Size 1.15 AC
  • Building Class C
  • Year Built 1937
  • Zoning SP
0 Transit Score
33 Walk Score

Description

Prime investment opportunity in the busy hospitality area of Bakersfield. Welcome to the Star-Liter Motel! A Bakersfield original serving locals, travelers & visitors for decades. This 29 room motel on a 1.15 acre lot, is conveniently located near the Golden West Casino, weekly outdoor swap meet, Kern County Fair which attended by over 300,000 people every year and public transportation ensuring steady stream of guests year round. Motel is a 1 story, with mix of double bed and single bed rooms. Property features welcoming guest check-in area, office area, 2 bedroom apartment for on site manager/owner to comfortably live in. There is also a separate spacious area for on site laundry facility. This project can generate promising returns and a business deemed for success.

Highlights

Historical occupancy in this area runs 70% or more
Busy street with ideal location for motel
Close to Kern County Fair Ground Event Center
Close to casino and huge swap meet
Easy access to public transportation
Night Life in the area

Amenities

  • High Speed Internet Access
  • Public Access Wifi

Public Transportation

Commuter RailDriveWalkDistance
6 min - 2.6 mi
AirportDriveWalkDistance
Meadows Field 18 min - 8.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 30
Type: Surface
Included in Rent: Yes
Moiz Lakdawala 661-343-9719 Keller Williams Realty
Moiz Lakdawala 661-343-9719 Keller Williams Realty