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    201 California Avenue

    Bakersfield, CA 93304
    • $445,000
    • STATUS: Active
    • ON SITE: 105 days
    • ID#: 202006696
    $445,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,117
      SQFT
    • $143
      $/SQFT
    Neighborhood:
    10
    Type:
    Commercial
    Built:
    1963
    County:
    Area:
    10

    School Ratings & Info

    Description

    Highly visible retail/office building available for sale in a heavily trafficked area in central Bakersfield. Near the intersection of California and Union Avenue which sees more than 31,000 cars per day, and more than 17,000 cars per day pass by on California Avenue in front of the building. This multi-tenant property offers an opportunity for an owner-user to occupy a portion of the building and collect rental income on the remainder, or an opportunity for an investor to make improvements and re-lease the property at higher rates. The large pylon sign on California Avenue is visible from several hundred yards away, including at the intersection of Union and California Avenue.

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    Information deemed reliable, but not guaranteed. Copyright Golden Empire MLS, Inc. 2020. 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 Asu Commercial 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: 2020-10-21T23:31:32.48.
    www.kerncountyhome.com/homes/107605013
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    201 California Avenue Bakersfield, CA 93304

    • Price: $445,000
    • Status: Active
    • ID#: 202006696
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    3,117
    SQFT
    $143
    $/SQFT
    1963
    Built
    Neighborhood:
    10
    County:
    Kern
    Area:
    10
    Property Description
    Highly visible retail/office building available for sale in a heavily trafficked area in central Bakersfield. Near the intersection of California and Union Avenue which sees more than 31,000 cars per day, and more than 17,000 cars per day pass by on California Avenue in front of the building. This multi-tenant property offers an opportunity for an owner-user to occupy a portion of the building and collect rental income on the remainder, or an opportunity for an investor to make improvements and re-lease the property at higher rates. The large pylon sign on California Avenue is visible from several hundred yards away, including at the intersection of Union and California Avenue.
    Property Features

    Annual Gross Income 33600.00 Annual Net Income 33600.00 Cap Rate 7.55% Commercial Type Commercial Current Use Multi-Tenant Lease Total Annual Expense 0.00 Zone C-2Regional Commercial

    Listing courtesy of Matthew Starr of Asu Commercial.


    Information deemed reliable, but not guaranteed. Copyright Golden Empire MLS, Inc. 2020. 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 Asu Commercial 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: 2020-10-21T23:31:32.48.
     
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    HomeStead Real Estate
    7440 Meany Ave Suite C
    Bakersfield CA, 93308