Courtesy of Matthew E Starr with ASU Commercial

ASU Commercial is pleased to offer for sale this four property investment portfolio in the heart of Downtown Bakersfield. The properties have been owned by a single family for decades and features the potential for rent growth and enhanced income. The offering includes the following properties: 1222-1232 Chester Avenue - Three buildings on one parcel, four existing tenants with one 1,280 SF vacancy; 1234 Chester Avenue - Two-story multi-tenant office building with 12 total units, two currently vacant; 1300-1304 Chester Avenue - Three buildings on one parcel, two single tenant office buildings and one residential four-plex, fully occupied; 1306 Chester Avenue - Single tenant commercial building occupied on a month-to-month basis. Located a block away from Bakersfield City Hall and the Kern County Superior Court, the offering includes a diversified mix of small multi-tenant suites and one single tenant building. All existing occupancy is on short term or month-to-month leases.