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 12,994 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 and Chester Ave, surrounded by major shopping center, and close to city hall, court, banks, police station major remodeling and year old three AC package unit in place.

Features
: Flat
Address Map
CA
Kern
Bakersfield
93301
126 Chester Avenue
0
W120° 58' 53.2''
N35° 21' 23.4''
Exit FWY 58 on H street, turn r
MLS Addon
Keller Williams Realty Bakerfield
Loris Barsoum
loris.kw@yahoo.com
CR362723
CR359707027
: Public

Commercial Sale For Sale

126 Chester Avenue, Bakersfield, California 93301

3,332 Sqft
$1,399,000
Listing ID #CRSR23211081
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : CRSR23211081
Price : $1,399,000
Square Footage : 3,332 Sqft
Year Built : 1965
Lot Area : 12,994 Sqft
Status : Active
Property SubType : Mixed Use
Agent info
Michael Roberts
Contact Agent