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    2601 White Lane

    Bakersfield, CA 93304
    • $2,995,000
    • STATUS: Active
    • ON SITE: 35 days
    • ID#: SR20204231
    UPDATED: 80 min ago
    $2,995,000
    • 0
      BEDS
    • 0.51
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,782
      SQFT
    • $1,681
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1963
    County:

    School Ratings & Info

    Description

    Mobil gas station and Circle K store with beer and wine license and propane filling station. Pumping over 70,000 gallons and over $80,000 in store sales monthly. Major renovation of $800,000+ completed in April of 2018. Renovation includes new signage, new pumps, new interior, new asphalt, new landscape and much more. Property sits on a busy freeway exit and next to McDonald's and near Burger King, Carl's Jr, Starbucks, and motels.Bakersfield is the 9th largest city in California with a population of over 390,000 with a recent growth of 1.4%. Business and real estate are only being sold together at a price of $2,995,000.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-11-24T11:27:25.557. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Alvarado Brothers | Ever Stewart Alvarado Broker. Licensed in the State of California, USA.

    www.thealvaradobrothers.com/homes/111158623
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    2601 White Lane Bakersfield, CA 93304

    • Price: $2,995,000
    • Status: Active
    • Updated: 80 min ago
    • ID#: SR20204231
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.51
    Acres
    1,782
    SQFT
    $1,681
    $/SQFT
    1963
    Built
    Neighborhood:
    BKSF - Bakersfield
    County:
    Kern
    Area:
    BKSF - Bakersfield
    Property Description
    Mobil gas station and Circle K store with beer and wine license and propane filling station. Pumping over 70,000 gallons and over $80,000 in store sales monthly. Major renovation of $800,000+ completed in April of 2018. Renovation includes new signage, new pumps, new interior, new asphalt, new landscape and much more. Property sits on a busy freeway exit and next to McDonald's and near Burger King, Carl's Jr, Starbucks, and motels.Bakersfield is the 9th largest city in California with a population of over 390,000 with a recent growth of 1.4%. Business and real estate are only being sold together at a price of $2,995,000.
    Exterior Features

    Lot Features 0-1 Unit/AcreCorner LotLot 20000-39999 SqftLevel Lot Size Source Assessor Lot Size Units Square Feet

    Interior Features

    Condo Area Units Square Feet Laundry Features None

    Property Features

    Accounting Type Proforma Additional Parcels YN No Building Area Units Square Feet Building Status Existing Business Type Convenience StoreGas StationRetail Cap Rate 7.00 Country Us Electric Expense 20000.00 Expense Year 2020 Gross Scheduled Income 826800.00 Insurance Expense 9600.00 Land Use Retail Laundry YN No Leasable Area Units Square Feet Legal Accounting Expense 3600.00 Max Total Area Units Square Feet Min Total Area Units Square Feet Net Operating Income 427152.00 Operating Expense 399648.00 Other Expense 288600.00 Professional Management Expense 54000.00 Property Sub Type Retail Real Estate Tax Expense 10608.00 Special Listing Conditions Standard Total Expenses 399648.00 Trash Expense 3240.00 Water Sewer Expense 10000.00 Water Source Public

    Listing provided courtesy of Jose Olivares of Century 21 Hilltop


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-11-24T11:27:25.557. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Alvarado Brothers | Ever Stewart Alvarado Broker. Licensed in the State of California, USA.

     
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