For Sale
$4,950,000

1408 Commercial Way Bakersfield, CA 93309

Class A Medical Office, 11,550 SF

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional Class A medical office building, located at 1408 Commercial Way in Bakersfield, California, presents a unique investment opportunity. The 11,550 square foot single-story building, constructed in 2009, sits on a 1.05-acre lot and boasts 40 parking spaces. Currently 50% occupied, the seller will lease back half of the building, a long-term surgical center tenant, providing immediate cash flow. The property features two fully operational surgical suites and offers move-in ready medical clinic space. Its prime Midtown location in Kern County, zoned M-1, is surrounded by other medical facilities, making it ideal for an owner-user or investor. The building's asking price is $4,950,000, translating to $428.57 per square foot. This property is part of a larger portfolio but can be purchased separately. The APN is 331-330-31-00-9. This is a rare opportunity to acquire a well-located, high-quality medical facility with significant upside potential. The state-of-the-art surgical center, combined with the existing tenant leaseback, offers a compelling investment proposition. Contact us for further details.

Highlights

  • 1.05-acre lot in Bakersfield, CA.
  • M-1 zoning.
  • 40 parking spaces.
  • Midtown Bakersfield location.

Property Details for 1408 Commercial Way

Property type
Office properties, Medical offices
Square Feet
11,550 SF
Class
A
Year Built
2009
Buildings
1
Stories
1

Location Insight

City
Bakersfield
County
Kern
State
California
Latitude
35.3671354
Longitude
-119.0595823

FAQs

What type of property is this?
Office property - Class A Medical Office, 11,550 SF
Where is the office property located?
The property is located at 1408 Commercial Way Bakersfield, CA.
What is the asking price?
The asking price for this property is $4,950,000.
What are key features of this property?
This property features: 1.05-acre lot in Bakersfield, CA.; M-1 zoning.; 40 parking spaces.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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1408 Commercial Way
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