11475 Garzoli Avenue Delano, CA $ 4,999,999
11475 Garzoli Avenue
$ 4,999,999
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11475 Garzoli Avenue

Delano, CA, 93215
$ 4,999,999
Baths0.0 Sq 5,620

Monthly Estimate*

$ 33,232

Listed by Rodeo Realty Inc.
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Studio

Commercial Property for sale in Delano, CA

for $4,999,999. This 5,620 square foot building was built in 2002 on a lot size of 8.99.

If you are looking for a Gold Mine... Buy yourself a Lienzo Charro. I offer you the Lienzo Charro el Zarape in Delano, California, and enjoy the fi… fie… fiesta… (Mexican party). Thousands of spectators ready to attend the next event. Jaripeos, concerts, dances, festivals, private celebrations. Lienzo Charro El Zarape – Delano, Ca. Parking for approximately 1 thousand vehicles. A million of latinos living around the are. In Lienzo Charro El Zarape artists such as Pepe Aguilar, Joan Sebastian, Ramón Ayala, Grupo Firme, Ezequiel Peña, El Recodo, Recoditos, El Dasa, Los Sebastianes, Eslabón Armado… and many more have performed. Call me, but first watch the video about this valuable property. This exceptional event venue, located in the booming city of Delano, California, offers a unique opportunity for investors or entrepreneurs looking for a versatile and lucrative property. With an impressive capacity of between 4,500 and 5,000 people, this Lienzo Charro is avaluable asset for the organization of large-scale events. Strategically located just off 99 Freeway, this venue enjoys a prime location that ensures high visibility and accessibility for attendees. With a nearly 10-acre site, it offers ample space to host a variety of events, from Jaripeos and Charrerías to concerts by renowned musical groups and singers. One of the most attractive features of this property is its wide range of licenses, which include permits for entertainment events such as Jaripeos, Charrerías and Concerts, as well as a License for the Sale of Beer and Wine. This diversity of activities maximizes income potential and attracts a broad customer base. In addition to its event capacity, the property has an extensive parking lot that can accommodate approximately 1,000 vehicles, ensuring the comfort and safety of attendees. But that's not all. This place also has 5 apartments with 2 bedrooms and 1 bathroom each, with a rent of $1,200 each per month, and a house with four bedrooms and two bathrooms. The house is available and adding value for both event organizers and visitors looking to stay on-site. In summary, this property is a unique opportunity in the real estate market, with exceptional potential to generate income through events and recreational activities. With its prime location, extensive facilities and diverse licensing, it represents a solid investment for those looking to capitalize on the entertainment and hospitality industry in the booming city of Delano, California.

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Commercial Active

Price

$ 4,999,999

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 9,030

Style

PatioHome

Lot Size

8.99

Year Built

2002

Town/City

Delano

County/Region

Kern

MLS | Web ID

DW24090777

Days on Market

22

Features
General
Heating NaturalGas
Utilities ElectricityAvailable NaturalGasAvailable PhoneAvailable SewerAvailable
Roof Metal Shingle
Architectural Style PatioHome
Construction Materials Brick MetalSiding SteelSiding Stucco Steel
Year Built 2002
Property SubType MultiFamily
Tax Year 2023
Additional Parcels Description 52107012004
County Kern
Net Operating Income 422919.0
Operating Expense 38050.0
Insurance Expense 7500.0
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard
Status Active
Directions Use YOUR GPS
City Delano
View Y/N N
Senior Community Y/N N
Total Units 6
MLS Area DELA - Delano
Lot Size Square Feet 391605.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Garzoli
Listing Terms CashtoExistingLoan CashtoNewLoan Conventional
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 9030.54
Electric Expense 3200.0
Home Warranty Y/N N
Trash Expense 1500.0
Water Sewer Expense 1900.0
Lease Renewal Y/N N
Additional Parcels Y/N Y
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 0
Building Area Units SquareFeet
Standard Status Active
Occupancy Type Owner
Property Sub Type Additional MultiFamily
Cap Rate 8.46
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Exterior
Fencing Block
Lot Features Item25UnitsAcre Agricultural BackYard FlagLot HorseProperty Orchards Ranch
Water Source Public
Lot Size Area 391605.0
Spa N
Building Area Total 5620.0
Lot Size Acres 8.99
Lot Size Units SquareFeet
Lot Size Source Owner
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N Y
Irrigation Water Rights Y/N N
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Interior
Total Stories 1
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Street Suffix Avenue
Laundry Features ElectricDryerHookup GasDryerHookup Inside
Entry Level 1
Electric On Property Y/N N
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Internal Only
Street Number 1 11475
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* Excluded Features
List By
Rodeo Realty Inc.

Broker

(323) 771-4949

Phone

Affordability Calculator

$33,984
Per Month
98%
2%
0%
Monthly Principal & Interest
$33,232
Monthly Property Taxes
$753
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/6/2024$4,999,999 Listed Price

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11475 Garzoli Avenue, Delano, CA, 93215 is a Commercial Property for sale at $4,999,999 with 5,620 sqft and a lot size of 8.99. 11475 Garzoli Avenue is a studio with 0.0 baths and was built in 2002. The property's zip code is 93215 which is in Delano, CA