$1,399,000
For Sale

126 Chester Avenue

Bakersfield, CA 93301
0.30 acres | #SR23211081
Listing OfficeKeller Williams Realty Bakerfield
Type:Purchase
Structure:Commercial
Zone:Commercial

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.

  • Property Details
      • Stories1
    • Measurements
      • Acres0.2983
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1965
  • Utilities / Energy Details
      • Utility FeaturesElectricityAvailable, NaturalGasConnected, SewerConnected, WaterConnected
      • Utility SourcePublic
  • Community and Neighborhood Details
      • CountyKern
  • Financial Details
      • Original List Price$1,399,000
  • Other
      • MLS #SR23211081

Location

Gary ElminoufiReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00