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    10331 Rosedale Highway

    Bakersfield, CA 93312
    • $800,000
    • STATUS: Active
    • ON SITE: 134 days
    • ID#: 202100013
    UPDATED: 19 min ago
    $800,000
    • 0
      BEDS
    • 0.44
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    62
    Type:
    Commercial
    Built:
    1976
    County:
    Area:
    62

    School Ratings & Info

    Description

    Great Rehab opportunity with hug return!! 1. Remodel plans included 6,276 sqft of floor spaces 2. Electrical panel upgrade to 6 meters and PG&E overhead line upgrade (under construction to be completed by 02/28/21) 3. Block Fencing on 2 sides, Wrought iron fencing with Dura plastic (wood style slates, New concrete work on the West side along with gutting the interior complete 4. Confirmed with all agency's: EPA, Fire, City & County and no record of underground tanks being a issue. (Tanks are full of concrete) 5. Septic pump & certification 6. Taco truck currently leases and will continue to lease while the rehab is being done for $900 per month, once rehab is complete space rent would be between $1,400-$1,600 per month 7. Market rent is $2.25-$2.50 sqft NNN X 6,276sqft = $14,121.00-$15,690.00 X 12 = $169,452.00-$188,280.00 ( plus Taco truck )

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    Information deemed reliable, but not guaranteed. Copyright Golden Empire MLS, Inc. 2021. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Advanced Realty Management Inc. or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2021-05-16T21:31:35.763.
    www.kerncountyhome.com/homes/112957205
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    10331 Rosedale Highway Bakersfield, CA 93312

    • Price: $800,000
    • Status: Active
    • Updated: 19 min ago
    • ID#: 202100013
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.44
    Acres
    1976
    Built
    Neighborhood:
    62
    County:
    Kern
    Area:
    62
    Property Description
    Great Rehab opportunity with hug return!! 1. Remodel plans included 6,276 sqft of floor spaces 2. Electrical panel upgrade to 6 meters and PG&E overhead line upgrade (under construction to be completed by 02/28/21) 3. Block Fencing on 2 sides, Wrought iron fencing with Dura plastic (wood style slates, New concrete work on the West side along with gutting the interior complete 4. Confirmed with all agency's: EPA, Fire, City & County and no record of underground tanks being a issue. (Tanks are full of concrete) 5. Septic pump & certification 6. Taco truck currently leases and will continue to lease while the rehab is being done for $900 per month, once rehab is complete space rent would be between $1,400-$1,600 per month 7. Market rent is $2.25-$2.50 sqft NNN X 6,276sqft = $14,121.00-$15,690.00 X 12 = $169,452.00-$188,280.00 ( plus Taco truck )
    Property Features

    Annual Gross Income 204280.00 Annual Net Income 187771.00 Cap Rate 13% Commercial Type Commercial Current Use RetailRestaurant/Fast FoodDrive Thru Total Annual Expense 16509.00 Zone C2-D

    Listing courtesy of Shawn Barton of Advanced Realty Management Inc..


    Information deemed reliable, but not guaranteed. Copyright Golden Empire MLS, Inc. 2021. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Advanced Realty Management Inc. or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2021-05-16T21:31:35.763.
     
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    HomeStead Real Estate
    7440 Meany Ave Suite C
    Bakersfield CA, 93308