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33745410
33745409

500-544 Butte Street, Bakersfield, CA 93305

ASU Commercial
Listed by ASU Commercial
$2,150,000
3 days on market
Updated 3 days ago

500-544 Butte Street

Details
APN 016-380-01
Property Type Industrial
Sub Type Flex, Warehouse (+1)
Square Footage 15,895
Units 12
NOI $100,069
Tenancy Multi
Price per SqFt $135
Buildings 9
Acreage 2.940
Zoning Light Industrial (M-1), Medium Industrial (M-2)
Ceiling Height 11'-14'

Industrial | 15,895 SqFt

Marketing description

ASU Commercial is pleased to offer to the market 500 – 544 Butte Street, which is a two-building multi-tenant flex/office/warehouse complex located between Old Town and Downtown Bakersfield.

500 – 528 Butte Street is 7,680 square feet of space including 4,616 square feet of office improvements. This multi-tenant building is demised into eight (8) individual suites and is currently fully occupied with five (5) tenants. All Tenants have been in the building since the Seller acquired the property in 2018.

532 – 544 Butte Street is 6,840 square feet of space including 1,564 square feet of office improvements. This multi-tenant building is demised into four (4) individual suites and will be delivered vacant as this building was previously occupied by the Seller. The Buyer can choose to occupy this building for their own use or lease the individual suites. All evaporative coolers in this building have been replaced with new since the Seller acquired the property.

There are seven (7) other structures on the site which altogether total 15,895 square feet of building improvements, 6,040 square feet of canopy improvements and 2,275 square feet of covered carport improvements.

The property is zoned M-1 (Light Industrial) & M-2 (Medium Industrial) per City of Bakersfield and totals 2.94 acres in size. The yard is completely paved with asphalt and has rolling gate entrances with two (2) points of ingress/egress to property. To ensure security and safety the perimeter of the property has six-foot-tall chain link fence with privacy screening along with perimeter and interior yard lighting.

The property is adjacent to Kern County Human Services office along with the currently under construction new residential facility for Open Door Network.

Investment highlights


Listing Contacts

ASU Commercial
Listed by ASU Commercial

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$100,069.00
$8,339.08/mo

Valuation Metrics

0
DSCR
4.65%
Cap Rate
4.65%
ROI

Map

Zoning

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M-1 IndustrialLight IndustrialLight Manufacturing
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View all 212 uses
View all 212 uses
Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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