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126 Chester Avenue, Bakersfield, CA 93301
$1,399,000
126 Chester Avenue, Bakersfield, CA 93301View this property at 126 Chester Avenue, Bakersfield, CA 93301
126 Chester AvenueBakersfieldCA93301
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Property Description
I'm pleased to present an excellent owner-user investment opportunity to acquire a 100% fee simple interest. The property consists of an approximately 3,332-square-foot, multi-tenant retail center that is situated on an approximately 12,994 square-foot-C-mixed-use-zoned parcel located in Bakersfield, California. The property is gated and comprised of three retail units with an excellent mix of tenants. Units range between 880 to 1500 square feet. These efficiently sized units are conducive to high occupancy, optimal rents, and low lease-up costs, minimizing capital expenditures and cash flow exposure. With a shortage of similar-sized properties for sale in the area and upward pressure on rental rates in a supply-constrained area, presents a unique opportunity to acquire a quality investment in a highly desirable area. The subject property is located in a prime Bakersfield location, walking distence to major intersection of Brundage Ln and Chester Ave, surrounded by major shopping center, and close to city hall, court, banks, police station
major remodeling and year old three AC package unit in place.
Full Property Details
Full Property Details for 126 Chester Ave
General
- Price: $1,399,000
- Status: Active
- Type: Commercial
- MLS ID: SR23211081
- Updated: 3/22/2024
- Days on Market: 194 days
- Added to Site: 196 day(s) ago
Rooms
Other Rooms
- Laundry: None
Location
- County: Kern
- Driving Directions: Exit FWY 58 on H street, turn right on Brundage ln, then left on Chester Ave, about two blocks on your right hand next to Chester cleaner
Utilities
- Utility Description: Electricity Available, Natural Gas Connected, Sewer Connected, Water Connected
Structural Information
- Roof: Flat
- Entry Floor Number: 1
- Stories/Levels: 1
- Building Size: 3332
- Square Feet: 3,332
- Year Built: 1965
Unit Information
- Occupancy Rate: Occupied
Lot Features
- Lot Size (Acres): 0.2983
- Useable Acres: .2983
- Lot Size (Sq. Ft.): 12,994
- Lot Size Source: Assessor
- Lot Features: Lot 10000-19999 Sqft
- Lot Description: Lot 10000-19999 Sqft
Financial Considerations
- Price Per Sq. Ft.: $419
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Investment: Yes
- Property ID: 1031128002
Listed by Keller Williams Realty Bakerfield, LorisBarsoum
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Schools
Schools serving 126 Chester Ave
School Districts:Bakersfield City Schools, Kern High School District
Rating | Name | Grades | Distance |
---|---|---|---|
2324 Verde St, Bakersfield, CA 93304 | K-5 | 0.5 mi | |
801 4th St, Bakersfield, CA 93304 | 6-8 | 0.5 mi | |
1241 G St, Bakersfield, CA 93301 | 9-12 | 1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 126 Chester Ave
Date
Details
Price
Change
Source
11/13/2023
Listed
$1,399,000
558.35%
MLS
9/20/2011
Sold
$212,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 126 Chester Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$3,615
2%
$286,683
2%
2022
$3,558
1%
$281,063
2%
2021
$3,518
—
$275,553
1%
2020
$3,512
2%
$272,729
2%
2019
$3,445
2%
$267,382
2%
2018
$3,364
11%
$262,140
14%
2017
$3,024
10%
$229,977
2%
2016
$2,738
—
$225,468
2%
2015
$2,730
3%
$222,082
2%
2014
$2,641
-2%
$217,733
—
2013
$2,688
—
$216,750
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 126 Chester Ave
126 Chester Avenue, Bakersfield, CA 93301 (MLS# SR23211081) is a Commercial property. 126 Chester Avenue is currently listed for $1,399,000 and was received on November 13, 2023. Want to learn more about 126 Chester Avenue? Do you have questions about finding other Commercial real estate for sale in Bakersfield? You can browse all Bakersfield real estate or contact a Coldwell Banker agent to request more information.