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11475 Garzoli Ave - RANCHO EL ZARAPE 2,500 SF Sports & Entertainment Building Offered at $5,583,679 CAD at a 10.57% Cap Rate in Delano, CA 93215

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INVESTMENT HIGHLIGHTS

  • With its prime location, extensive facilities and diverse licensing, it represents a solid investment for those looking to capitalize on the entertain

EXECUTIVE SUMMARY

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.

FINANCIAL SUMMARY (ACTUAL - 2023)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $443,903 $177.56
Other Income $212,180 $84.87
Vacancy Loss - -
Effective Gross Income $656,082 $262.43
Taxes $12,607 $5.04
Operating Expenses $53,115 $21.25
Total Expenses $65,721 $26.29
Net Operating Income $590,361 $236.14

FINANCIAL SUMMARY (ACTUAL - 2023)

Gross Rental Income (CAD)
Annual $443,903
Annual Per SF $177.56
Other Income (CAD)
Annual $212,180
Annual Per SF $84.87
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $656,082
Annual Per SF $262.43
Taxes (CAD)
Annual $12,607
Annual Per SF $5.04
Operating Expenses (CAD)
Annual $53,115
Annual Per SF $21.25
Total Expenses (CAD)
Annual $65,721
Annual Per SF $26.29
Net Operating Income (CAD)
Annual $590,361
Annual Per SF $236.14

PROPERTY FACTS

Price $5,583,679 CAD
Price Per SF $2,233.47 CAD
Sale Type Investment or Owner User
Cap Rate 10.57%
Sale Conditions
1031 Exchange
  • Business Value Included
Property Type Sports & Entertainment
Property Subtype
Horse Stables
  • Sports & Entertainment Theater Concert Hall
Building Class C
Lot Size 8.99 AC
Building Size 2,500 SF
No. Stories 1
Year Built/Renovated 2002/2024
Tenancy Single
Parking Ratio 10/1,000 SF
Zoning RECREATION/ENTERTAINMENT - RECREATION/ENTERTAINMENT. (GENERAL)

AMENITIES

  • Property Manager on Site

ABOUT 11475 GARZOLI AVE , DELANO, CA 93215

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 TAXES

PROPERTY TAXES

Parcel Number
521-070-18-00-2
Land Assessment
$613,022 CAD (2025)
Improvements Assessment
$576,533 CAD (2025)
Total Assessment
$1,189,555 CAD (2025)
Annual Taxes
$12,607 CAD ($5.04 CAD/SF)
Tax Year
2023 Payable 2023
  • Listing ID: 31716248

  • Date on Market: 2024-05-06

  • Last Updated:

  • Address: 11475 Garzoli Ave, Delano, CA 93215

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