130 Kern ST, Taft, CA 93268
130 Kern ST, Taft, CA 93268
130 Kern ST, Taft, CA 93268
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$400,000
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9,469 Sqft Lot
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130 Kern ST Taft, CA 93268

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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 26944331

HOA Y/N No

Year Built 1948

Lot Size 9,469 Sqft

Property Description

Major Fixer / Value-Add or Development Opportunity! Acquire a fully vacant former 16-room motel, providing investors and developers a low-cost basis to renovate, reposition or evaluate redevelopment of the C-2 zoned site. Formerly known as "The Welcome Inn," 130 Kern Street presents an opportunity to acquire a fully vacant former 16-room motel at a low entry basis in Taft, California. The two-story property contains approximately 4,181 square feet of improvements on a 9,583-square-foot C-2 zoned parcel.Offered at $400,000, the property equates to approximately $25,000 per existing room and provides investors with multiple potential strategies. A buyer may evaluate rehabilitation and reopening of the existing motel, repositioning toward an extended-stay or workforce-oriented lodging concept, or redevelopment of the site for an alternative commercial use permitted by applicable zoning.The property is being sold vacant and provides a buyer the ability to undertake improvements or redevelopment without an existing operating business or tenant occupancy. Located within Taft's commercial corridor with access to regional highways, the site offers visibility and connectivity to the surrounding western Kern County market.

Location

State CA

County Kern

Area Taft - Taft

Zoning C-2

Interior

Fireplace No

Exterior

Total Parking Spaces 12

Building

Lot Description Rectangular Lot

Story 2

Others

Tax ID 03146021001

Acceptable Financing Cash, Court Approval

Listing Terms Cash, Court Approval

Special Listing Condition Standard


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Listed by Megan Husri Keller Williams Studio City #02089901

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130 Kern ST