Listed by ASU Commercial
$4,225,000
901 Tower Way
Details
APN 331-023-19
Property Type Office
Sub Type Traditional Office
Square Footage 26,602
Tenancy Vacant
Price per SqFt $159
Class A
Year Built 1984
Stories 3
Acreage 1.850
Zoning C-O, Commercial Office
Parking Spaces 119 spaces
Parking per 1,000 SqFt 4.47
Investment Type Owner/User
Ownership Fee Simple
Office | 26,602 SqFt
Marketing description
ASU Commercial is pleased to present 901 Tower Way for sale, located in the heart of the Southwest Office Market, Bakersfield's largest and most centrally located office submarket. A three-story office building that is fully vacant is an ideal asset for an owner/user of office space. This building is situated near more than 3.2 million square feet of professional office space off of the California Avenue corridor and with its proximity to Truxtun Avenue Extension, the Westside Parkway and Highway 99, is ideally located to access all areas of Greater Bakersfield. Seller is replacing two 50-ton HVAC units and installing a new boiler pump prior to sale.
Investment highlights
- New roof mounted mechanical units (2-50 ton package units) as well as a new boiler pump.
- Located on a secondary roadway with minimal traffic obscuring ingress and egress.
- Hard to find owner/user opportunity priced well below comparable replacement cost.
- Located in the geographic center of Bakersfield in the largest office submarket with more than 3.2 million square feet of rentable office space.
- Close in proximity (less than one mile) to the Mohawk Street on/off ramp to the Westside Parkway / Hwy 58. Just over one mile from the California Avenue on/off ramp to Highway 99.
- Convenient parking field, consisting of approximately 119 stalls.
- Monument signage along the frontage with the possibility of prominent building-top signage for corporate identification.
- Located in close proximity to daily needs including gas, banks, grocery, restaurants, etc.
Listing Contacts
Listed by ASU Commercial
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Zoning
C-O CommercialOfficeCommercial And Professional Office
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