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901 California Avenue

Bakersfield, CA 93304
  • $1,799,000
  • STATUS: Active
  • ON SITE: 30 Days
  • ID#: 202300164
UPDATED: 48 min ago
$1,799,000
  • 0
    BEDS
  • 0.26
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,008
    SQFT
  • $1,785
    $/SQFT
Neighborhood:
10
Type:
Commercial
Built:
1949
County:
Area:
10

School Ratings & Info

Description

Signalized SWC of California Ave and P St close to Downtown Bakersfield. High traffic counts of approximately 16,000 vehicles per day. Federal Qualified Opportunity Zone. C-2 Commercial Zoning. 3 access points of ingress/egress to the property. Property sits across from the Maya Cinemas entertainment development and is located less than 0.5 miles from the Mechanics Bank Convention Center, home of the Bakersfield Condors Ice Hockey Team and is Bakersfield's premier entertainment and sports venue. Currently operating as a single tenant Auto Shop, property can be purchased as a covered land play for future development while collecting good rental income or immediate development allowed by the lease terms.

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Information deemed reliable, but not guaranteed. Copyright Golden Empire MLS, Inc. 2023. 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 Golden Valley Real Estate Group 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: 2023-02-06T13:31:44.927.
www.kerncountyhome.com/homes/135825777
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901 California Avenue Bakersfield, CA 93304

  • Price: $1,799,000
  • Status: Active
  • On Site: 30 Days
  • Updated: 48 min ago
  • ID#: 202300164
0
Beds
0
Baths
0
½ Baths
0.26
Acres
1,008
SQFT
$1,785
$/SQFT
1949
Built
Neighborhood:
10
County:
Kern
Area:
10
Property Description
Signalized SWC of California Ave and P St close to Downtown Bakersfield. High traffic counts of approximately 16,000 vehicles per day. Federal Qualified Opportunity Zone. C-2 Commercial Zoning. 3 access points of ingress/egress to the property. Property sits across from the Maya Cinemas entertainment development and is located less than 0.5 miles from the Mechanics Bank Convention Center, home of the Bakersfield Condors Ice Hockey Team and is Bakersfield's premier entertainment and sports venue. Currently operating as a single tenant Auto Shop, property can be purchased as a covered land play for future development while collecting good rental income or immediate development allowed by the lease terms.
Property Features

Annual Gross Income 42000.00 Annual Net Income 39000.00 Cap Rate - Commercial Type Commercial Current Use Auto Shop Tenant Total Annual Expense 3000.00 Zone C2

Listing courtesy of Roger Magana of Golden Valley Real Estate Group: .


Information deemed reliable, but not guaranteed. Copyright Golden Empire MLS, Inc. 2023. 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 Golden Valley Real Estate Group 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: 2023-02-06T13:31:44.927.
 
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MV & Associates Real Estate
5329 Office Center Ct, Ste 201
Bakersfield CA, 93313