
222 Minner Avenue
Lead with flexibility (broadest appeal) For Sale or Lease | ±2,500 SF Retail/Office on 0.56 Acres wi
Marketing description
Heritage Real Estate & Management presents 214–222 Minner Avenue, a ±2,500 SF freestanding retail/office building on 0.56 acres in North Bakersfield. The property is for sale at $335,000 or for lease at $1.15 PSF/month NNN. A buyer can hold it for income, occupy it, or lease it out.
The site is made up of three contiguous parcels. The building sits on one; the other two are dedicated parking. That gives the property far more on-site parking than most infill retail or office space in the area. There is also a fully fenced and gated yard, which works for automotive, logistics, contractor, or vehicle-storage use.
The roof and windows are newer, both confirmed by the seller, so an incoming owner avoids two of the bigger early repair costs. At the asking lease rate, the property pencils to roughly a 10.3% gross pro-forma cap rate.
The property is in a designated Opportunity Zone, which can mean capital gains deferral for qualifying investors. It sits near N Chester Avenue and Norris Road, with direct access to Highway 99.
Buyers should verify zoning and permitted use with Kern County Planning prior to close.
Investment highlights
- Priced at $335,000 - reduced from $415,000 for immediate value entry
- ±10.3% gross pro-forma cap rate at $1.15 PSF/mo NNN
- For sale or lease - flexible exit for investor or owner-user
- Two dedicated parking parcels (±13,503 SF) - parking depth well above retail standard
- Secure fenced & gated yard - fits automotive, logistics, contractor, or storage uses
- Newer roof and updated windows (seller-confirmed) - reduced near-term capex
- Opportunity Zone - potential capital gains deferral for qualifying buyers
- Near N Chester & Norris with direct Highway 99 access - strong visibility and logistics
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