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1601 N Chester Ave 3,831 SF 100% Leased Flex Building Bakersfield, CA 93308 $565,000 ($147.48/SF) 6% Cap Rate



Executive Summary
This highly visible 3,831 sq ft commercial building offers an exceptional opportunity for both owner-users and investors in a prime, high-traffic location. Formerly operated as a bank and most recently utilized as a fully built-out salon, the property features extensive existing improvements including stations for hair, nails, pedicures, and styling, with furniture and equipment available to remain for a turnkey salon operation. The building is thoughtfully partitioned into two separate units, allowing for flexible useone currently operating as the salon and the second can be utilized for just about any business operations. With excellent street exposure, strong daily traffic counts, and adaptable space, this property is ideal with C-2 zoning. Ready for immediate occupancy or income potential, this is a rare opportunity to secure prime commercial real estate in a high-demand corridor.
Property Facts
| Price | $565,000 | Building Class | C |
| Price Per SF | $147.48 | Lot Size | 0.24 AC |
| Sale Type | Investment or Owner User | Rentable Building Area | 3,831 SF |
| Cap Rate | 6% | No. Stories | 1 |
| Property Type | Flex | Year Built/Renovated | 1937/2010 |
| Zoning | C2 - commercial | ||
| Price | $565,000 |
| Price Per SF | $147.48 |
| Sale Type | Investment or Owner User |
| Cap Rate | 6% |
| Property Type | Flex |
| Building Class | C |
| Lot Size | 0.24 AC |
| Rentable Building Area | 3,831 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1937/2010 |
| Zoning | C2 - commercial |
Amenities
- 24 Hour Access
1 1
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 112-311-11-00-5 | Improvements Assessment | $186,056 |
| Land Assessment | $87,689 | Total Assessment | $273,745 |
Property Taxes
Parcel Number
112-311-11-00-5
Land Assessment
$87,689
Improvements Assessment
$186,056
Total Assessment
$273,745
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Wayside Homes - Miramar International
1601 N Chester Ave
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