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Investment Highlights

  • Located on North Chester Avenue with strong visibility and traffic exposure.
  • Former bank building featuring protected teller stations and a secure vault.
  • Ample on-site parking to accommodate customers and staff.

Executive Summary

Former Wells Fargo Building. The property is on the corner of N Chester Ave and E Minner Ave. Built out as a bank, located near national chains such as Starbucks, Chase bank , AutoZone, and Dollar General. Easy access to major highways. Drive-thru included with high visible signage.
Bakersfield is the #1 city in the country for agricultural production and is the #2 oil producing county in the nation
• Near International Airport - The property is located directly next to Meadows Field Airport which recently underwent $50MM in renovations
• Dense Population – There are nearly 135,000 people within a 3-mile radius
• Nearby Industry – The property is within a few miles of Midway-Sunset Oil Field, the largest oilfield in California and the third largest in the United
States
• Abundance of Schools – Standard Elementary & Middle School are located directly across the street from the property, and North High School is located within a mile of the property. Collectively these schools have over 3,000 students
• Property ideally positioned in a designated “Opportunity Zone” which is an incentive program for investors looking to minimize taxes on their
capital gains

Taxes & Operating Expenses (Actual - 2025) Click Here to Access

Annual Annual Per SF
Taxes - -
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2025) Click Here to Access

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Bank
Building Size
6,400 SF
Building Class
C
Year Built
1957
Price
$900,000
Price Per SF
$140.63
Tenancy
Single
Building Height
1 Story
Building FAR
0.43
Lot Size
0.34 AC
Opportunity Zone
Yes
Zoning
C-2 - Commercial
Parking
20 Spaces (3.13 Spaces per 1,000 SF Leased)
Frontage
83’ on N Chester Ave

Amenities

  • Corner Lot
  • Freeway Visibility
  • Pylon Sign
  • Signage

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 6,400 SF
  • Retail
  • -
  • Now

The property is on the corner of N Chester Ave and E Minner Ave. Built in 1957, it has been a Wells Fargo bank for 30 years. The building is located near Meadows Airport and Amazon Fulfillment Center.

Space Size Space Use Position Available
1st Floor 6,400 SF Retail - Now

1st Floor

Size
6,400 SF
Space Use
Retail
Position
-
Available
Now

1st Floor

Size 6,400 SF
Space Use Retail
Position -
Available Now

The property is on the corner of N Chester Ave and E Minner Ave. Built in 1957, it has been a Wells Fargo bank for 30 years. The building is located near Meadows Airport and Amazon Fulfillment Center.

Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100

Nearby Major Retailers

Crunch Fitness
Starbucks
Chase Bank
Derrel's Mini Storage

Property Taxes

Property Taxes

Parcel Number
113-142-03-00-7
Land Assessment
$142,171
Improvements Assessment
$1,766,237
Total Assessment
$1,908,408
  • Listing ID: 34322395

  • Date on Market: 12/30/2024

  • Last Updated:

  • Address: 1309 N Chester Ave, Bakersfield, CA 93308

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