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126 Chester Avenue

Bakersfield, CA 93301
  • $1,399,000
  • STATUS: Active
  • ON SITE: 161 Days
  • ID#: 202311602
$1,399,000
  • 0
    BEDS
  • 0.3
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,322
    SQFT
  • $421
    $/SQFT
Neighborhood:
10
Type:
Commercial
Built:
1965
County:
Area:
10

School Ratings & Info

Description

I'm pleased to present an excellent owner-user investment opportunity to acquire a 100% fee simple interest. The property consists of an approximately 3,332-square-foot, multi-tenant retail center that is situated on an approximately 13,068 square-foot-C-mixed-use-zoned parcel located in Bakersfield, California. The property is gated and comprised of three retail units with an excellent mix of tenants. Units range between 880 to 1500 square feet. These efficiently sized units are conducive to high occupancy, optimal rents, and low lease-up costs, minimizing capital expenditures and cash flow exposure. With a shortage of similar-sized properties for sale in the area and upward pressure on rental rates in a supply-constrained area, presents a unique opportunity to acquire a quality investment in a highly desirable area. The subject property is located in a prime Bakersfield location, walking distence to major intersection of Brundage Ln, Chester Ave, surrounded by major shopping center

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Information deemed reliable, but not guaranteed. Copyright Golden Empire MLS, Inc. 2024. 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 MV & Associates Real Estate 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: 2024-04-20T21:03:09.14.
www.kerncountyhome.com/homes/145233936
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126 Chester Avenue Bakersfield, CA 93301

  • Price: $1,399,000
  • Status: Active
  • On Site: 161 Days
  • ID#: 202311602
0
Beds
0
Baths
0
½ Baths
0.3
Acres
3,322
SQFT
$421
$/SQFT
1965
Built
Neighborhood:
10
County:
Kern
Area:
10
Property Description
I'm pleased to present an excellent owner-user investment opportunity to acquire a 100% fee simple interest. The property consists of an approximately 3,332-square-foot, multi-tenant retail center that is situated on an approximately 13,068 square-foot-C-mixed-use-zoned parcel located in Bakersfield, California. The property is gated and comprised of three retail units with an excellent mix of tenants. Units range between 880 to 1500 square feet. These efficiently sized units are conducive to high occupancy, optimal rents, and low lease-up costs, minimizing capital expenditures and cash flow exposure. With a shortage of similar-sized properties for sale in the area and upward pressure on rental rates in a supply-constrained area, presents a unique opportunity to acquire a quality investment in a highly desirable area. The subject property is located in a prime Bakersfield location, walking distence to major intersection of Brundage Ln, Chester Ave, surrounded by major shopping center
Property Features

Annual Gross Income 0.00 Annual Net Income 0.00 Cap Rate 0 Commercial Type Commercial Current Use retailers Total Annual Expense 0.00 Zone C-2

Listing courtesy of Loris Barsoum of Keller Williams Realty: .


Information deemed reliable, but not guaranteed. Copyright Golden Empire MLS, Inc. 2024. 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 MV & Associates Real Estate 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: 2024-04-20T21:03:09.14.
 
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MV & Associates Real Estate
5329 Office Center Ct, Ste 201
Bakersfield CA, 93313