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20114579
20114580

1517 25th Street, 2429 Chester Ave & 2408 Eye St, Bakersfield, CA 93301 For Sale

ASU Commercial
Listed by ASU Commercial
$995,000
671 days on market
Updated 34 days ago
Opportunity zone

Eagleson Body Works (Leasehold)

Details
APN 005-362-02; 005-362-03; 005-362-04
Property Type Retail
Sub Type Auto Shop
Square Footage 13,216
Tenancy Vacant
Price per SqFt $75
Broker Co-Op Yes
Year Built 2012
Buildings 1
Stories 1
Acreage 0.880
Zoning C-2 Regional Commercial
Investment Type Owner/User
Ceiling Height 14 - 16 ft
Ownership Fee Simple

Price Reduction | Auto-Body Shop & Parking Lots | 13,216 SF

Marketing description

ASU Commercial is pleased to offer for sale the leasehold interest in three properties located at 1517 25th Street, 2408 Eye Street & 2429 Chester Avenue. The properties have been occupied by Eagleson Body Works and will be delivered vacant upon sale. The properties are subject to two ground leases with very reasonable rent that through existing firm term and tenant options allow control of the sites through 2060 and 2063.

The properties are located near Adventist Health Bakersfield Hospital as well as a three story Kaiser Permanente medical office building consisting of approximately 43,000 SF.

Additional Fee Simple Interest properties for sale across the street. 1516 25th Street and 2530 Eye Street, also long occupied by Eagleson Body Works and consisting of 13,403 square feet on 0.51 acres can be purchased along with 1517 25th Street, 2408 Eye Street & 2429 Chester Avenue.

Investment highlights

  • Auto body shop on C-2 zoned land
  • Located contiguous to Adventist Health Bakersfield and Kaiser Permanente
  • 1517 25th Street includes a 13,216 SF building constructed in 2012 on 0.39 acres
  • 2429 Chester Avenue is a fully improved and secured parking lot on 0.30 acres
  • 2408 Eye Street is a fully improved parking lot on 0.19 acres
  • Located in close proximity to Adventist Health Bakersfield Hospital
  • Located across the street from a three story Kaiser Permanente medical office building consisting of approximately 43,000 SF
  • Additional Fee Simple Interest for sale across the street. The improved 13,403 SF auto body shop located at 1516 25th Street and 2530 Eye Street can be purchased along with the subject property

Listing Contacts

ASU Commercial
Listed by ASU Commercial

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