2200 Columbus StBakersfield, CA 93305

Property Details for 2200 Columbus St

Year built

1959

Construction

WOOD

Lot size

0.09 AC

Property size (Sq ft)

1,759 SF

Property type

Turn key restaurants

APN

021-441-23-00-5

APU

2144123005

Description

This freestanding commercial building, located at 2200 Columbus Street in Bakersfield, California (zip code 93305), presents a unique owner-user opportunity. The 1,759 square foot property sits on a 3,920 square foot lot and boasts C-1 zoning, permitting a variety of uses. Built in 1959, the building most recently served as an income tax office, showcasing its adaptability. Its prime location offers high visibility just west of the Columbus and Mt. Vernon intersection, approximately 0.25 miles north of Highway 178 access via Mt. Vernon Avenue. This strategic position places it in close proximity to several established businesses, including Safe One Credit Union, CVS, Vons, McDonald's, Denny's, Rosa's, and H&R Block. The property is currently vacant, allowing for immediate occupancy and customization to suit the buyer's needs. Prominent building and pylon signage opportunities exist, enhancing visibility and brand recognition. The asking price is $483,728. The Kern County Assessor's Parcel Number (APN) is 021-441-23.

• CAP approach

  CAP return

  Valuation

  6%

  $736,897

  6.5%

  $680,213

  7%

  $631,626

• Comparable approach

  Method

  Valuation

  Relative Method

  $842,918

  Geo Method

  $842,918

• Alternative Use

  Use

  Valuation

  Residential

  $573,785

  Hospitality

  $525,584

  Educational

  $437,280

  Medical

  $452,318

  Retail

  $680,213

Location Insight

City

Bakersfield

County

Kern

State

California

Latitude

35.3978

Longitude

-118.968

CBSA code

12540

CBSA name

BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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