200 Montclair StBakersfield, CA 93309

Property Details for 200 Montclair St

Year built

1978

Construction

WOOD

Lot size

0.33 AC

Property size (Sq ft)

3,790 SF

Zone code

C-O

Property type

Office buildings

APN

149-352-04-00-2

APU

14935204002

Description

This ±3,790 square foot, single-story building presents a unique investment opportunity in Bakersfield, CA. Located at 200 S Montclair St, 93309, this property sits on a lot ranging from 14,000 to 14,300 square feet and is zoned C-O, allowing for diverse commercial uses. Currently vacant and offering an open concept layout, the building previously comprised four separate units, each with independent electric and gas meters, suggesting potential for multi-tenant occupancy or redevelopment. The asking price is $475,000, translating to $125.33 per square foot. Note that the building sustained minor fire damage in the southeast corner, impacting the pricing. Conveniently located within walking distance of major retail and restaurants along Stockdale Hwy/California Ave, and with easy access to Hwy 99 and Westside Parkway, this property offers excellent visibility and accessibility. The property features private parking and street parking. Ideal for owner-users seeking a versatile space for various commercial ventures, including medical, dental, insurance, accounting, or other professional services. This is a cash or hard money only purchase. The year built is 1978.

• CAP approach

  CAP return

  Valuation

  6%

  $1,080,725

  6.5%

  $997,592

  7%

  $926,336

• Comparable approach

  Method

  Valuation

  Relative Method

  $720,706

  Geo Method

  $720,706

• Alternative Use

  Use

  Valuation

  Residential

  $1,237,014

  Hospitality

  $1,133,098

  Educational

  $942,725

  Medical

  $975,146

  Retail

  $1,466,460

Location Insight

City

Bakersfield

County

Kern

State

California

Latitude

35.353

Longitude

-119.055

CBSA code

12540

CBSA name

BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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