Map of Property

La Mirage Motel Listing Details & Market Data

525 Union Ave , Bakersfield, CA 93307

  • For Sale $2,250,000
  • Property Type Other
  • Property Size 16,127 SF
  • Units 50
  • Lot Size 0.83 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1946
  • Date Updated Apr 9, 2024
Bakersfield, CANAI Northern California is pleased to announce the sale of this independent motel located directly off CA-204 in Bakersfield, CA. This offering consists of 16,127 SF in total on one 0.83-acre parcel. With 50 rentable units, this motel features thirty-three 1-bed, 1-bath units, twelve 2-bed, 1-bath units, and four 2-bed, 1-bath plus kitchenettes. Also included is a spacious manager's suite with four bedrooms, three bathrooms, a living room, and a kitchen. This highly traveled corridor, combined with proximity to various government administrative buildings, recreation, industry, and eateries, contributes to this motel's continued success. **Contact Broker for financials**

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Highlights

  • Situated between easy freeway access, entertainment, schools, food, and groceries
  • Located on Union Ave, nestled between Hwy-58 and Hwy-178
  • Spacious manager's suite includes four bedrooms, three bathrooms, two living rooms, and a kitchen
  • Steady 60-65% occupancy throughout the year. Majority of tenants on an MTM basis
  • Plumbing was recently replaced throughout the motel
  • Assumable loan
  • Traffic Count of 35,158 ADT along Union Ave in front of this property
  • Bakersfield is the largest city with the lowest sales tax in California at the state minimum of 7.25%

Contacts

broker

Joshua Ballesteros

NAI NorCal

(415) 480-0214

Location

Getting Around

  • Walk Score ®

    Somewhat Walkable (58)

  • Transit Score ®

    Some Transit (36)

  • Bike Score ®

    Bikeable (59)
Powered by Walk Score ®
  • City Bakersfield, CA
  • Neighborhood Oleander - Sunset
  • Zip Code 93307
  • Market Central Valley

Points of Interest

  • Bakersfield

    0.72 miles

  • AMPM

    0.40 miles

  • Arco

    1.17 miles

  • Arco

    2.00 miles

  • Mobil

    2.04 miles

  • Arco

    2.67 miles

  • Shell

    2.94 miles

  • Arco

    3.06 miles

  • AMPM

    3.62 miles

  • Shell

    4.77 miles

  • Fastrip

    4.81 miles

  • Xerox Employee Parking

    1.86 miles

  • Burger King Parking Lot

    1.97 miles

  • Los Hermanos Parking Lot

    2.00 miles

  • STOCKDALE Road Park abd Ride

    2.17 miles

  • South West Parking Lot

    3.40 miles

  • Maintenance Parking

    3.58 miles

  • Stadium Parking Lot (Permit Required)

    3.68 miles

  • Guest Parking Lot

    3.72 miles

  • Staff Parking Only

    3.88 miles

  • North East Parking Lot (Permit Required)

    3.96 miles

  • KFC

    0.57 miles

  • Hong Kong Restaurant

    0.87 miles

  • Bravos Char Burgers Bakersfield

    0.88 miles

  • McDonald's

    1.08 miles

  • Nuestro México

    1.16 miles

  • Taco Bell

    1.19 miles

  • Diner Smorsgasborg

    1.57 miles

  • Wienerschnitzel

    1.58 miles

  • Casa Burger Drive In

    1.82 miles

  • Lamina

    1.96 miles

  • Peter Pan School

    0.25 miles

  • McKinley Elementary School

    0.33 miles

  • Emerson Junior High School

    0.42 miles

  • Vista High School

    0.45 miles

  • Our Lady of Guadalupe School

    0.53 miles

  • Fremont Elementary School

    0.56 miles

  • Bessie E Owens Elementary School

    0.68 miles

  • Vista East Continuation School

    0.91 miles

  • Golden State Junior High School

    1.14 miles

  • Bakersfield Adult School

    1.16 miles

  • Greenfield Country Preschool

    5.32 miles

Contact Listing Broker

broker

Joshua Ballesteros

NAI NorCal

(415) 480-0214