Active

126 Chester Avenue

Bakersfield CA, 93301

$1,399,000


$421.13 per sqft

Active

3,322 sqft

Commercial

Built in 1965

Courtesy of Loris G Barsoum with Keller Williams Realty

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 13,068 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, Chester Ave, surrounded by major shopping center

202311602

MLS ID

February 16, 2024

Updated

Map

126 Chester Avenue
Bakersfield CA, 93301

Interior Features

Total Stories

0


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.3 Acres

Other Property Details

Area Name

10


Days on Market

77


Garage

No


View

No


County

Kern


Pool

No


Buyer Agency Compensation

2.5%

Listed by Keller Williams Realty, Loris G Barsoum,
Listing Contact: 661-808-0436 

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