11475 Garzoli Ave, Delano, CA 93215
2,500 SF Sports & Entertainment Building Offered at $4,999,999 at a 8.46% Cap Rate in Delano, CA 93215
For Sale
Active
Asking Price $4,999,999
- Sale Condition
- 1031 Exchange
- Property Type
-
Sports & Entertainment
- Square Feet
- 2,500 SF
- Price / Square Foot
- $2,000
Listing Contacts
Pedro Flores Casas
Property Overview
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.
Property Details
- Class
- C
- Year Built/Renovated
- 2002/2024
- Stories
- 1
- Property Subtype
- Horse Stables, Theater/Concert Hall
- Lot Size (sq. ft)
- 391,604 SF
Highlights
- With its prime location, extensive facilities and diverse licensing, it represents a solid investment for those looking to capitalize on the entertain
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