Map of Property

La Mirage Motel

For Sale

525 Union Ave , Bakersfield, CA 93307

This Bakersfield property for sale is located at 525 Union Ave . The current listed sale price for La Mirage Motel is $2,250,000. La Mirage Motel is situated on a lot that is 0.83 acre in size.

Contacts

broker

Joshua Ballesteros

NAI NorCal

(415) 480-0214

Property Details

  • 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%

Getting around

  • 58/100

    Walk Score ®

  • 36/100

    Transit Score ®

  • 59/100

    Bike Score ®

Powered by Walk Score ®

Location

  • 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

  • Quality Inn & Suites Near Downtown Bakersfield

    0.31 miles

  • Best Western Plus Hill House

    0.84 miles

  • Bakersfield Marriott at the Convention Center

    0.85 miles

  • Historic Downtowner Inn

    1.01 miles

  • Padre Hotel

    1.35 miles

  • Motel 6 Bakersfield, CA - Central

    1.94 miles

  • Red Roof Inn

    2.02 miles

  • Hampton

    2.03 miles

  • Travelodge

    2.04 miles

  • Ramada

    2.18 miles

  • FoodMaxx

    0.31 miles

  • Stop & Shop Market

    0.87 miles

  • Albertsons

    1.01 miles

  • Smart & Final

    2.25 miles

  • Valley Plaza Mall

    2.41 miles

  • Rancho Market

    2.47 miles

  • Food 4 Less

    2.53 miles

  • Burlington

    2.72 miles

  • Ross

    2.85 miles

  • FoodMaxx

    3.04 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Joshua Ballesteros

NAI NorCal

(415) 480-0214