126 Chester Avenue Bakersfield, CA $ 1,399,000
126 Chester Avenue
$ 1,399,000
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126 Chester Avenue

Bakersfield, CA, 93301
$ 1,399,000
Baths0.0 Sq 3,322

Monthly Estimate*

$ 9,772

126 Chester Avenue, Bakersfield, CA 93301 - Image 1
126 Chester Avenue, Bakersfield, CA 93301 - Image 2
126 Chester Avenue, Bakersfield, CA 93301 - Image 3
126 Chester Avenue, Bakersfield, CA 93301 - Image 4
126 Chester Avenue, Bakersfield, CA 93301 - Image 5
Studio

Commercial Property for sale in Bakersfield, CA

for $1,399,000. This 3,322 square foot building was built in 1965 on a lot size of 0.3.

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

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Commercial Active

Price

$ 1,399,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Commercial

Lot Size

0.3

Year Built

1965

Town/City

Bakersfield

County/Region

Kern

MLS | Web ID

202311602

Features
General
Year Built 1965
Neighborhood Lowell Addition
Subdivision Lowell Addition
Stories 0
Property SubType Commercial
County Kern
Net Operating Income 0.00
Property Type Commercial / Ind.
Close Price 0.00
Status Active
City Bakersfield
Zoning Description C-2
MLS Area 10
Lot Size Square Feet 13068.00
Street Name Chester
Days on Market 163
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Interior
Street Suffix Avenue
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Exterior
Lot Size Acres 0.3000
Lot Size Units SqFt
Lot Size Source (Public Record)
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Internal Only
Street Number 1 126
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* Excluded Features
List By
Loris Goberial Barsoum

Listing Agent

Keller Williams Realty

Broker

loris.kw@yahoo.com

Email

Affordability Calculator

$9,772
Per Month
100%
0%
0%
Monthly Principal & Interest
$9,772
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1904930 Elementary School
1905132 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/14/2023$1,399,000 Listed Price

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126 Chester Avenue, Bakersfield, CA, 93301 is a Commercial Property for sale at $1,399,000 with 3,322 sqft and a lot size of 0.3. 126 Chester Avenue is a studio with 0.0 baths and was built in 1965. The property's zip code is 93301 which is in Bakersfield, CA