Listed by Prime Retail Group
$299,000
2 Homes on Industrial Lot (M-1 Zoning)
Details
APN 016-430-06
Property Type Industrial, Multifamily
Sub Type Apartment Building, Flex
Net Rentable (SqFt) 1,706
Units 2
Occupancy 50%
Broker Co-Op Yes
Class C
Buildings 2
Stories 1
Lot Size (SqFt) 7,500 - 7,600
Zoning M-1
Investment Type Value Add
Ownership Fee Simple
Industrial Zoned Land - 2 Units (M-1) Ind. Utilities
Marketing description
525 Butte St- Prime Retail Group is pleased to present the opportunity to acquire 2 Homes on 1 Lot with industrial zoned land (M-1) in the City of Bakersfield. The front unit is registered as 2 beds, 1 bath and 1,214 SF and the back unit shows 1 bed, 1 bath with 492 SF — with alley access. The back unit is currently vacant and just underwent complete restoration from previous fire damage.
Investment highlights
2 Homes on 1 Lot
Industrial Zoning (M-1)
Back unit restored from fire
Owner occupant, passive income
Listing Contacts
Listed by Prime Retail Group
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