1309 N Chester Ave - Bank FOR SALE


Bakersfield, CA 93308- Outer NW Bakersfield
$900,000 USD
661-404-4090
1309 N Chester Ave, Bakersfield, CA for Sale
$900,000 USD
Bank - FOR SALE
1/11
null | Request Cap Rate

1309 N Chester Ave
Bakersfield, CA 93308
Outer NW Bakersfield


HIGHLIGHTS

  • Located on North Chester Avenue with strong visibility and traffic exposure.
  • Ample on-site parking to accommodate customers and staff.
  • Former bank building featuring protected teller stations and a secure vault.

OVERVIEW

Former Wells Fargo Building. The property is on the corner of N Chester Ave and E Minner Ave. Built out as a bank, located near national chains such as Starbucks, Chase bank , AutoZone, and Dollar General. Easy access to major highways. Drive-thru included with high visible signage. Bakersfield is the #1 city in the country for agricultural production and is the #2 oil producing county in the nation • Near International Airport - The property is located directly next to Meadows Field Airport which recently underwent $50MM in renovations • Dense Population – There are nearly 135,000 people within a 3-mile radius • Nearby Industry – The property is within a few miles of Midway-Sunset Oil Field, the largest oilfield in California and the third largest in the United States • Abundance of Schools – Standard Elementary & Middle School are located directly across the street from the property, and North High School is located within a mile of the property. Collectively these schools have over 3,000 students • Property ideally positioned in a designated “Opportunity Zone” which is an incentive program for investors looking to minimize taxes on their capital gains

FOR SALE DETAILS

PRICE

$900,000 USD

PRICE/SF

$141 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Wells Fargo Bank

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1957

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,810 SF

ZONING

C-2

APN/PARCEL ID

113-142-03-00-7

ASK ABOUT THIS PROPERTY

Marcus DuarteCentral Valley Commercial BrokersMore Info
661-404-4090

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Marcus DuarteCentral Valley Commercial BrokersMore Info
661-404-4090

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