Bakersfield Association of REALTORS
Listed by Bakersfield Association of REALTORS
$199,000
919 N Chester Ave, Bakersfield, CA 93308-3514
Details
APN 11326212
Property Type Office, Retail
Sub Type Convenience Store, Pharmacy/Drug
Square Footage 2,646
Units 1
Pro-Forma Cap Rate 11.04%
Pro-Forma NOI $21,962
Price per SqFt $75
Year Built 1924
Buildings 1
Stories 1
Zoning C2
Investment Type Value Add
Office | 2,646 SqFt
Marketing description
Prime Investment or Owner-User Opportunity on N Chester Avenue Unleash the potential of this high-visibility 2,646 SF commercial property at 919 N Chester Ave, Bakersfield. Perfect for investors or owner-users, it sits on a bustling corner near a school and public transit, with additional land for expansion. Priced at $199,000 for the building with two extra lots, this property offers flexibility for added incomebuild a unit or place a mobile home. With a motivated seller and endless possibilities, this is your chance to stop renting, invest smartly, or both. Open to all offers, so act now to secure this rare opportunity in a thriving area!
Investment highlights
- Below replacement cost
- Signalized intersection
- Above market cap rate
Listing Contacts
Bakersfield Association of REALTORS
Listed by Bakersfield Association of REALTORS
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