126 Chester Avenue, Bakersfield

$1,399,000

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0 Bed
0 Bath
.3 Acre
0 Garage

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.

Essential Information

MLS® #
SR23211081
Price
$1,399,000
Bathrooms
0.00
Acres
0.30
Year Built
1965
Type
Commercial Sale
Sub-Type
Mixed Use
Status
Active

Community Information

Address
126 Chester Avenue
Area
BKSF - Bakersfield
City
Bakersfield
County
Kern
Zip Code
93301
Senior Community
N

Utilities

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

Interior

# of Stories
1

Exterior

Roof
Flat

Additional Information

Date Listed
November 13th, 2023
Days on Market
171

Listing Details

Agent
Loris Barsoum

Office

Keller Williams Realty Bakerfield

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Based on information from California Regional Multiple Listing Service, Inc. as of May 4th, 2024 at 5:55pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.