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907 N Chester Ave
Bakersfield, CA 93308
Long Branch Saloon · Retail Property For Sale
EXECUTIVE SUMMARY
This is a great opportunity to purchase the commercial building which currently houses the Long Branch Saloon, an iconic and beloved full-service bar and lounge that has been in operation for years. The building is 2,231 square feet and the lot is 2,613 sf. It has a capacity of 100 patrons and the bar is 65 feet long (said to be the longest bar in Kern County). The current tenant pays $2,500 per month on a month to month basis. This sale involves the real property only. Zoned C-2.
PROPERTY FACTS
Sale Type
Investment
Property Type
Building Size
2,231 SF
Year Built
1915
Price
$450,000
Price Per SF
$201.70
Cap Rate
5.90%
NOI
$26,550
Percent Leased
100%
Building Height
1 Story
Opportunity Zone
Yes
Zoning
C-2
PROPERTY TAXES
| Parcel Number | 113-262-17-00-3 | Improvements Assessment | $189,404 |
| Land Assessment | $17,755 | Total Assessment | $207,159 |
PROPERTY TAXES
Parcel Number
113-262-17-00-3
Land Assessment
$17,755
Improvements Assessment
$189,404
Total Assessment
$207,159
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