3811 Mount Vernon AveBakersfield, CA 93306

Property Details for 3811 Mount Vernon Ave

Year built

1969

Construction

WOOD

Lot size

0.18 AC

Property size (Sq ft)

3,811 SF

Zone code

C-O

Property type

Healthcare properties

Property subtype

Medical offices

APN

382-360-10-00-9

APU

38236010009

Description

This exceptional Bakersfield commercial property, located at 3811 Mount Vernon Ave, presents a unique investment opportunity. The 3,811 square foot building, situated on a 7,840 square foot lot (APN 38236010), offers a blend of retail and office space, perfectly suited for a variety of uses. Built in 1969 and extensively renovated in 2013, the two-story structure boasts eleven offices, four restrooms, and a kitchen, providing ample flexibility for diverse business needs. The property's C-O zoning allows for a range of commercial activities. Its prime location across from Bakersfield College and on a high-traffic business corridor ensures excellent visibility and accessibility. The asking price is $550,000, translating to $144.32 per square foot. Additional features include a sizable backyard and ample parking, adding significant value to this already attractive offering. The updated infrastructure, including new flooring, electrical, and paint, ensures a move-in ready condition. This property represents a rare chance to acquire a versatile and well-located commercial space in a thriving Bakersfield market. Don't miss this opportunity to own a piece of Bakersfield's vibrant business landscape.

• CAP approach

  CAP return

  Valuation

  6%

  $1,025,407

  6.5%

  $946,529

  7%

  $878,920

• Comparable approach

  Method

  Valuation

  Relative Method

  $724,094

  Geo Method

  $724,700

• Alternative Use

  Use

  Valuation

  Residential

  $1,173,696

  Hospitality

  $1,075,100

  Educational

  $894,470

  Medical

  $925,232

  Retail

  $1,391,398

Location Insight

City

Bakersfield

County

Kern

State

California

Latitude

35.408

Longitude

-118.967

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].