919 Chester Ave Bakersfield, CA 93308

This 2,646 square foot commercial property, located at 919 N Chester Ave, Bakersfield, CA 93308, presents a compelling investment or owner-user opportunity. Built in 1924, this single-story, Class C building is currently vacant and ready for immediate occupancy. The property boasts a prime location on a high-traffic corner, offering excellent visibility and accessibility. Its proximity to Standard Elementary School and public transportation further enhances its appeal. The asking price is $275,000, with a pro-forma cap rate of 12.70% and a pro-forma NOI of $34,927. The price per square foot is $103.93. This versatile space is suitable for various uses, including medical office, storefront retail, or traditional office space. The sale includes one building and one unit. An added benefit is the availability of two additional lots for $20,000, providing potential for expansion or supplemental income generation. This presents a unique chance to acquire a high-return property in a thriving Bakersfield location. The property is zoned for office, retail, and medical uses. The building sits on a single story and offers a blank canvas for renovation and customization to suit the buyer's needs. The seller is motivated and open to offers.