The Village | 205-207 E Main St
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The Village 205-207 E Main St
3,470 SF 100% Leased Retail Building Barstow, CA 92311 $495,406 CAD ($143 CAD/SF)
Investment Highlights
- Fully equipped restaurant
Executive Summary
Price reduced! 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 11 SRO units building with two shared bathrooms, all-encompassing approximately 4600 square feet. There is a public parking lot behind the property and ample street parking at the front.
The restaurant comes equipped with a commercial-grade Wolfkitchen, 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.
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 11 SRO units building with two shared bathrooms, all-encompassing approximately 4600 square feet. There is a public parking lot behind the property and ample street parking at the front.
The restaurant comes equipped with a commercial-grade Wolfkitchen, 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.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
3,470 SF
Building Class
C
Year Built
1928
Price
$495,406 CAD
Price Per SF
$143 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.61
Land Acres
0.13 AC
Opportunity Zone
Yes
Parking
6 Spaces (1.73 Spaces per 1,000 SF Leased)
Frontage
38 ft on E Main St
Walk Score ®
Very Walkable (70)
PROPERTY TAXES
Parcel Number | 0181-073-47 | Improvements Assessment | $85,645 CAD |
Land Assessment | $36,707 CAD | Total Assessment | $122,352 CAD |
PROPERTY TAXES
Parcel Number
0181-073-47
Land Assessment
$36,707 CAD
Improvements Assessment
$85,645 CAD
Total Assessment
$122,352 CAD
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The Village | 205-207 E Main St
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