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126 Chester Avenue

Bakersfield, CA 93301
  • $1,399,000
  • STATUS: Active
  • ON SITE: 362 Days
  • ID#: SR23211081
UPDATED: 86 min ago
$1,399,000
  • 0
    BEDS
  • 0.3
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1965
County:

School Ratings & Info

Listing Agent(s): Loris Barsoum of Keller Williams Realty Bakerfield (661-617-6500)


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 stationmajor remodeling and year old three AC package unit in place.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-11-11T20:29:33.45. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Swell Property. Licensed in the State of California, USA.
www.swellproperty.com/homes/145251628
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126 Chester Avenue Bakersfield, CA 93301

  • Price: $1,399,000
  • Status: Active
  • On Site: 362 Days
  • Updated: 86 min ago
  • ID#: SR23211081
0
Beds
0
Baths
0
½ Baths
0.3
Acres
1965
Built
Neighborhood:
BKSF - Bakersfield
County:
Kern
Area:
BKSF - Bakersfield
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 stationmajor remodeling and year old three AC package unit in place.
Exterior Features

Entry Level 1 Roof Flat

Property Features

Additional Parcels YN No Common Interest None Current Financing None Land Lease YN No Laundry Features None Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash Property Sub Type Mixed Use Special Listing Conditions Standard Utilities Electricity AvailableNatural Gas ConnectedSewer ConnectedWater Connected Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-11-11T20:29:33.45. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Swell Property. Licensed in the State of California, USA.
 
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Swell Property
1967 N. Coast Hwy 101
Encinitas CA, 92024
Listing Agent(s): Loris Barsoum of Keller Williams Realty Bakerfield (661-617-6500)