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- LoopNet Team
1029 E California Ave
Bakersfield, CA 93304
Land For Sale
·
1.03 AC

Investment Highlights
- Utilities are available on site
- Access and visibility from Highway 178
- Allows variety of retail/restaurant uses
- Anchored by popular Jack in the Box restaurant
- Zoned C-2 General Commercial
Property Facts
Description
Acquire 1.03 acres of premier commercial land, anchored by an established Jack in the Box restaurant that consistently draws a vibrant and loyal customer base. Nestled within an expanding Bakersfield suburb, the property is strategically positioned to capitalize on the region's continuous growth, evident demand for conveniently located value retail and dining, and robust household incomes in the vicinity. The local population surge over the past decade, surpassing both metro and national growth rates, signals a dynamic and thriving community. The property boasts convenient accessibility from highway 178 and adjacency to a firmly anchored retail corner, ensuring unparalleled visibility and seamless access. Its C-2 general commercial zoning permits a diverse range of uses, streamlined through an efficient permitting process. The property's value is further bolstered by a 1.5" water line extending from the water meter on the side street to the property and two 4" electrical conduits from the transformer to the lot, accommodating the needs of current and future tenants while offering flexibility for potential future developments or expansions. This unparalleled opportunity presents an optimal location for a synergistic retailer to capitalize on the existing tenant draw. With strong fundamentals and recent retail growth in the submarket, substantial interest in a long-term ground lease development on this exceptional site is anticipated. Seize this chance to own a slice of the thriving commercial landscape, where strategic positioning meets undeniable potential for sustained success.
Listing ID: 31154449
Date on Market: 3/7/2024
Last Updated:
Address: 1029 E California Ave, Bakersfield, CA 93304
The Lakeview Land Property at 1029 E California Ave, Bakersfield, CA 93304 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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