623 Sumner Street

Bakersfield, CA 93305
Square Ft.
21,495
$2,500,000
Welcome to the Kern Town Motel! This charming 28 unit hotel with 7 storefronts is situated in the heart of Old Town Kern and is perfect for first-time hotel owner-operators or those looking for a redevelopment opportunity. Located in close proximity to several redevelopment projects in the city of Bakersfield,Read MoreRead Less
Courtesy of AJ Bhuee, Watson Realty 204512287
Listing Snapshot
Days Online
9
Last Updated
Property Type
Commercial
Square Ft.
21,495
Lot Size
0.57 Acres
Year Built
1902
MLS Number
202411835
30 Days Snapshot Of 93305
$354k
+24%
(avg) sold price
12
0%
homes sold
61
+24%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1902, 21,495 square feet
Property
Property type: Commercial / Ind., Property subtype: Commercial, Current use: HOTEL, RETAIL
Lot
0.5682 acres, Lot is 24,749 square feet
Miscellaneous
Annual gross income: $294,000, Annual net income: $176,400, Total annual expense: $117,600
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Monthly Payment
$0
Ryan Dobbs
Broker/Owner
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