126 Chester Avenue Bakersfield CA 93301 MLS #SR23211081

126 Chester Avenue
Bakersfield, CA, 93301
$1,399,000
Beds
0 Baths
SqFt
0 Acres
$1,399,000
126 Chester Avenue
Bakersfield, CA, 93301
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.

Property Details

Price:
$1,399,000
MLS #:
SR23211081
Status:
Active
Baths:
0
Address:
126 Chester Avenue
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
bksfbakersfield
City:
Bakersfield
Listed Date:
Nov 13, 2023
State:
CA
ZIP:
93301
Year Built:
1965

Schools

Interior

Exterior

Roof
Flat
Stories Total
1
Water Source
Public

Financial

Buyer Agent Compensation
2.500
Utilities
Electricity Available, Natural Gas Connected, Sewer Connected, Water Connected
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