16130 Sierra Way - Storefront Retail/Residential FOR SALE


Kernville, CA 93238
$1,075,000 USD
559-705-1000
16130 Sierra Way, Kernville, CA for Sale
$1,075,000 USD
Storefront Retail/Residential - FOR SALE
1/37
null | 9.17% Cap Rate

16130 Sierra Way
Kernville, CA 93238


HIGHLIGHTS

  • General Store, Restaurant, Home & Rental Income Opportunity
  • Turn Key Purchase + Business + Home + Bonus Land
  • ±1,950 SF Fully Operational Store & Deli
  • ±1,820 SF Living Unit/Rental Property w/ Great Potential
  • Perfect Opportunity for a Family Run Business
  • Unique & Beautiful Property w/ 2-Story House

OVERVIEW

Operational business & rental income opportunity: offering ±5,845 SF consisting of ±1,950 SF of general store & restaurant, ±1,820 SF newly renovated living space, ±1,175 SF of additional storage & a ±900 SF garage/freezer. RiverKern General Store is the closest lodging to destinations such as “Trail of 100 Giants” and the wilderness areas of the southern Sierra Nevada Mountain Range. Steadily increasing clientele – including European and Asian travel agencies – continue to add a tour of the southern Sierras to their trips to LA, San Diego, Death Valley and Las Vegas. Kernville and Lake Isabella are popular fishing & recreational destinations. RiverKern store: offers all camping essentials including groceries, beer/wine, camping/fishing supplies, clothing, & more! The Deli offers a wide variety of food on their menu with indoor/outdoor patio seating overlooking the nearby river & surrounding mountains. The store’s commercial kitchen has all equipment included such as BBQ Smoker, cooler, freezer, multi-section prep station, double basket fryer, flat top, hood oven, & walk in cold box with storage. Sales growth is from exposure to public through nearby expanded reservation media, and a steady increase in guests from Europe and Asia through OTA's. Analysis on Page 6 based on 14 summer weeks and 38 winter weeks. Two story house: located in the rear has potential to be used by an owner/user or split into a duplex for rental income. The downstairs level consists of a full size kitchen, open living room, large master bedroom, recently renovated bathroom & laundry room. The upstairs offers an open living room, kitchen, dining room, 2 bedrooms, full bath & wrap-around balcony. Both levels have all new flooring & plumbing throughout. The garage: has a large walk-in freezer box & storage for all store products & food. Offers a large storage building w/ storage expansion opportunity. Ample space for RV's, boats, trailers, & more! Tourists are attracted to the building all year round & often stop for the attractive patio dining.

FOR SALE DETAILS

PRICE

$1,075,000 USD

PRICE/SF

$350 USD /SF

CAP RATE

9.17%

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1955

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.1 AC

LAND SF

47,916 SF

ZONING

CH

APN/PARCEL ID

054-063-05,054-063-06

ASK ABOUT THIS PROPERTY

Jared EnnisCentral CA CommercialMore Info
559-705-1000

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Jared EnnisCentral CA CommercialMore Info
559-705-1000

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