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$1,399,000

Est. payment - /mo

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3,332 SqFt

Active

126 Chester AVE Bakersfield, CA 93301

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Nathan King Real Estate Group

info@kingrealestate.group +1(559) 396-0000

UPDATED:

09/30/2024 06:41 PM

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 3,332 sqft

Price per Sqft $419

MLS Listing ID SR23211081

HOA Y/N No

Year Built 1965

Lot Size 0.298 Acres

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 station
major remodeling and year old three AC package unit in place.

Location

State CA

County Kern

Area Bksf - Bakersfield

Rooms

Ensuite Laundry None

Interior

Laundry Location None

Fireplace No

Laundry None

Exterior

Utilities Available Electricity Available, Natural Gas Connected, Sewer Connected, Water Connected

Roof Type Flat

Building

Story 1

Water Public

Others

Tax ID 01031128002

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

Listed by Loris Barsoum • Keller Williams Realty Bakerfield • 661-904-1376

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Nathan King Real Estate Group

Broker | License ID: 01878277

+1(559) 396-0000

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