2525 N Chester Ave - Medical FOR SALE


Bakersfield, CA 93308- North Country Meadows
$2,475,000 USD
661-616-3570
2525 N Chester Ave, Bakersfield, CA for Sale
$2,475,000 USD
Medical - FOR SALE
1/8
null | 13.03% Cap Rate

Jul '27


2525 N Chester Ave
Bakersfield, CA 93308
North Country Meadows


HIGHLIGHTS

  • Affordable office campus available well below replacement cost
  • Leased through June of 2027
  • The property features abundant parking including fenced and gated secure parking west of the building
  • Sprawling 5.32 acres site
  • Extensive, mature landscaping throughout in a park-like setting

OVERVIEW

ASU Commercial is pleased to present for sale 2525 North Chester Avenue, a single-story office building located in the North Bakersfield/Oildale submarket. The property is currently leased through June of 2027 to the County of Kern. The tenant will vacate upon lease expiration presenting the opportunity for a user to purchase an office asset at well below replacement cost. The projected net income of $320,000 from July 1, 2026 through the end of the tenant’s lease term will allow a buyer to receive substantial income while planning their use of the property. The building has potential for multi-tenant occupancy given multiple entry points and restroom facilities throughout.

FOR SALE DETAILS

PRICE

$2,475,000 USD

PRICE/SF

$56 USD /SF

CAP RATE

13.03%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1969

SPRINKLERS

-

PARKING SPACES

98

LAND DETAILS

LAND ACRES

5.32 AC

LAND SF

231,739 SF

ZONING

CO

APN/PARCEL ID

491-020-05-00-1

ASK ABOUT THIS PROPERTY

Matthew Starr, SIOR, CCIMASU CommercialMore Info
661-616-3570

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Matthew Starr, SIOR, CCIMASU CommercialMore Info
661-616-3570

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