805 Baker StBakersfield, CA 93305

Property Details for 805 Baker St

Year built

1930

Construction

WOOD

Lot size

0.04 AC

Property size (Sq ft)

1,307 SF

Property type

Office properties

Property subtype

Office buildings

APN

016-070-17-00-6

APU

1607017006

Description

This exceptional 1,307 square foot retail property at 805 Baker Street, Bakersfield, CA, presents a rare investment opportunity. Located in the vibrant heart of Old Town Kern, this family-owned building is available for the first time in decades. Benefitting from a highly desirable east-facing location, the property sits on a 0.04-acre lot amidst established and popular restaurants and businesses, ensuring high visibility and foot traffic. The interior boasts a spacious open layout perfect for various retail uses, featuring a welcoming reception area, practical pony walls and built-in shelving, a private office ideal for management or consultations, a secure walk-in vault, a convenient restroom, and ample storage space. The City of Bakersfield is actively engaged in revitalization plans for Old Town Kern, suggesting significant potential for future property value appreciation. This strategic location is further enhanced by the City's ownership of adjacent properties, indicating a commitment to the area's development. Note that an additional building is also available for purchase from the same sellers. This property offers a unique blend of established business presence and exciting future growth prospects, making it an ideal investment for discerning buyers. Security measures are in place

• CAP approach

  CAP return

  Valuation

  6%

  $372,543

  6.5%

  $343,885

  7%

  $319,322

• Comparable approach

  Method

  Valuation

  Relative Method

  $248,539

  Geo Method

  $248,539

• Alternative Use

  Use

  Valuation

  Residential

  $426,418

  Hospitality

  $390,597

  Educational

  $324,972

  Medical

  $336,148

  Retail

  $505,512

Location Insight

City

Bakersfield

County

Kern

State

California

Latitude

35.3761

Longitude

-118.993

CBSA code

12540

CBSA name

BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

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.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].