Two separate buildings on one oversized M-1 lot in Old Town Kern a true live-work-invest setup. Approximately 845 sq ft up front with frontage right on Truxtun (real storefront exposure), plus a second building running 2,200+ sq ft behind it. Then there's the bomb shelter built solid and tailor-made for wine storage or a private tasting room.M-1 zoning opens the door to a long list of uses: owner/user electrical contractor or other sub-trades, BBQ joint or restaurant, wine tasting, cabinet shop, engineering office, law firm. Run your business out of one building and live in the other.Yes, it needs a little TLC. However, the unique architecture and good bones make this one a winner. Proforma numbers pencil at $36,000 gross annual income against roughly $3,000 in expenses about $33,000 net, a 9 cap on paper.CASH or HARD MONEY ONLY. Easy to show lockbox on site, book through ShowingTime. Bring your vision and your contractor.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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