$1,399,000
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126 Chester Avenue Bakersfield, CA 93301
Mixed Use
Residence
Beds
Baths
3,332
Sq. Ft.
0.3
Acre
Lot
Property Activity
Time on Site
days
Days on Market
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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.
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MLS#
SR23211081
Property Type
Mixed Use
Status
Year Built
1965
Square Feet
3,332
sq. ft
Lot Size
0.3
Sewer
Sewer Connected
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