320 High St - Hospitality FOR SALE


Delano, CA 93215
$950,000 USD
661-631-3818
320 High St, Delano, CA for Sale
$950,000 USD
Hospitality - FOR SALE
1/11
null | Request Cap Rate

320 High St
Delano, CA 93215


HIGHLIGHTS

  • Mixed-use Property
  • Neighbors commercial properties
  • Single-family home, bar, and one (1) building with eight (8) mixeduse units
  • Located in a prime commercial and retail area of Delano

OVERVIEW

Colliers International is pleased to present this exceptional mixed-use property for sale. Originally built in 1958, the property features a single-family home alongside a bar. It previously included a 22-unit motel, which is now partially demolished. However, a newly constructed, eight-unit mixed-use building is located on the southern portion of the site, with each unit offering one bedroom and one bathroom. Spanning 1.49 acres, this property benefits from General Commercial (GC) zoning, providing a versatile range of development opportunities in a prime Delano, CA location. Whether through redevelopment or enhancing the existing structures, this property presents significant potential for creative investors. Additionally, owner financing is available, allowing buyers to optimize their investment strategy and maximize cash flow.

FOR SALE DETAILS

PRICE

$950,000 USD

PRICE/SF

$103 USD /SF

# OF ROOMS

8

PRICE/ROOM

$118,750 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1958

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.49 AC

LAND SF

64,904 SF

ZONING

GC

APN/PARCEL ID

422-022-04-00-8

ASK ABOUT THIS PROPERTY

Jason AlexanderColliersMore Info
661-631-3818

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Jason AlexanderColliersMore Info
661-631-3818

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.