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Nicolas Romo
Direct Office:
800-659-4610
sellingcasas@gmail.com

DRE# 01787685
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Nicolas Romo
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Direct Office:
800-659-4610
sellingcasas@
gmail.com

DRE# 01787685
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126 Chester Avenue,  Bakersfield CA, 93301

(Active)
$1,399,000
|
3,332 sqft
|
MLS# SR23211081
Last Updated: 5/18/2024 3:43 AM
Description for 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 stationmajor remodeling and year old three AC package unit in place.
Price
$1,399,000
Kern
3,332 (approx)
SR23211081
Active
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 stationmajor remodeling and year old three AC package unit in place.
Listing Information
Property Type: Mixed Use, Business Opportunities, 1 Story
0.3 Acres Assessor 3,332 (approx)
1965 1
Public
Electricity Available,Natural Gas Connected,Sewer Connected,Water Connected
Neighborhood
Room Information
None
Exterior / Lot Features
0 Covered Parking Spaces,
Flat
Driving Directions
Exit FWY 58 on H street, turn right on Brundage ln, then left on Chester Ave, about two blocks on your right hand next to Chester cleaner
Financial Considerations
01031128002
Cash
Listing Price History

Bakersfield Real Estate

Bakersfield is located in California. Bakersfield, California 93301 has a population of 392,508.

The median household income in Bakersfield, California 93301 is $37,452. The median household income for the surrounding county is $56,488 compared to the national median of $66,222. The median age of people living in Bakersfield 93301 is 34 years.

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Listing Agent: Loris Barsoum CalDRE: 01390678 - Keller Williams Realty Bakerfield, 661-904-1376
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The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This content last refreshed on 5/18/2024 3:43 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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