1227 Chester Ave - Loft/Creative Space FOR SALE


Bakersfield, CA 93301- Downtown Bakersfield
$1,490,000 USD
661-204-6725
1227 Chester Ave, Bakersfield, CA for Sale
$1,490,000 USD
Loft/Creative Space - FOR SALE
1/22
null | 7% Cap Rate

1227 Chester Ave
Bakersfield, CA 93301
Downtown Bakersfield


HIGHLIGHTS

  • 100% Leased
  • Open floorplan with perimeter offices
  • Natural Light

OVERVIEW

A prime Investment opportunity situated in the heart of downtown Bakersfield. Walking distance to the courthouse, Starbucks, and other retail amenities. Well constructed with recently updated roof, HVAC, and new LED light systems as well as private gated parking structure, 1227 Chester offers investors a quality project and return. 1227 Chester Avenue boast views of downtown Bakersfield and is anchored by a Tenant that has been operating in Bakersfield for decades., providing new or seasoned investors with an opportunity to acquire a quality built product in Bakersfield's downtown submarket.

FOR SALE DETAILS

PRICE

$1,490,000 USD

PRICE/SF

$160 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

23

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,761 SF

ZONING

C-C

APN/PARCEL ID

006-532-02-00-6

ASK ABOUT THIS PROPERTY

Scott SaltersCushman & WakefieldMore Info
661-204-6725

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Scott SaltersCushman & WakefieldMore Info
661-204-6725

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.