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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