Map of Property

La Mirage Motel

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 ®

    58/100 Somewhat Walkable

  • Transit Score ®

    36/100 Some Transit

  • Bike Score ®

    59/100 Bikeable
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

  • 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

  • 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

Frequently Asked Questions

What is the lease rate for La Mirage Motel?

Rental asking rate at La Mirage Motel is $1,125,000.00/YR.

What is the total square footage of La Mirage Motel?

La Mirage Motel totals 16,127 square feet.

When was this property built?

La Mirage Motel was built in 1946.

Looking for more in-depth information on this property?

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Contact Listing Broker

broker

Joshua Ballesteros

NAI NorCal

(415) 480-0214