$107.89 Per Sq Foot $2,679 est/mo Sourced by Back At You

205 E Main Street,Barstow, CA 92311

Barstow CA, 92311

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Description

Prime Commercial Real Estate Investment: Village Hotel and Cafe with Route 66 Frontage An unparalleled opportunity awaits savvy investors in the heart of Barstow the Village Hotel and Cafe, nestled along Route 66. This one-of-a-kind property encompasses a thriving restaurant and an adjoining motel/hotel, presenting you with the chance to own a piece of iconic Route 66! Barstow is on the cusp of a significant economic transformation, spurred by major developments like the BNSF’s forthcoming integrated rail complex. Capitalize on this dynamic environment and seize a substantial cash flow opportunity. With a rich history of family ownership, this hidden gem holds the promise of becoming a remarkable moneymaker. This expansive property boasts two adjacent addresses, comprising a fully functional restaurant and a 11 SRO units building with two shared bathrooms, all-encompassing approximately 4600 square feet. The restaurant comes equipped with a commercial-grade Wolf kitchen, inclusive of all appliances and a functional walk-in freezer. Presently operating five days a week, the restaurant thrives with outstanding Yelp reviews despite its limited schedule. The hotel segment, primarily utilized to accommodate restaurant staff, is ripe for transformation. With the potential to reconfigure into 7 en-suite rooms, this space holds untapped revenue potential. A reception area provides a welcoming touch. The property includes a hotel license, reflecting its operational credibility. An additional income stream lies within the basement a room with street-level access, once leased as a hair salon. While requiring rehabilitation, this space has the potential to generate supplementary revenue, enhancing the property’s overall profitability. Presented as-is due to the owner’s retirement, the possibilities are vast. Take charge of operations or lease out the restaurant space the possibilities for the next chapter of this property’s success are endless. Conduct your own due diligence to uncover its full potential. Viewings are by appointment only. Kindly refrain from approaching employees or discussing the sale directly. Embrace this chance to own a piece of Route 66 history and secure your foothold in Barstow’s evolving commercial landscape.

Details

MLS#CV23147923
Listing TypeFor Sale
StyleHospitality
Sub-TypeResale
StatusActive
Year1928
Days On Site346
Listing Provided ByHaylen Group 408-800-5478 | Winnie Liu
Buying Commision3.000%

Features

SQ Feet4,625
Story(s)1
Acreage0.13

Market Activity 92311

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.

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Listings Checked: 31 minutes ago
StateCA
CountySan Bernardino
CityBarstow
Zip Code92311
AreaBSTW Barstow
Listing VS Median (in 92311)
Price:
$499,000
low | high
Med:
$269,000
96.092184368737% of Average
SqFt:
4,625
low | high
Med:
1,362
100% of Average
$ / SqFt:
$108
low | high
Med:
$200
35.683949920839% of Average
On Site:
346
low | high
Med:
39.000000
100% of Average
Sourced by Back At You
Listing Updated: April 17, 2024 at 10:45:16 AM PDT