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Oak Park Tower 3200 21st St 49,311 SF Office Building Bakersfield, CA 93301 $3,950,000 ($80.10/SF)
Investment Highlights
- Significant Value-Add Opportunity
- Flexible Multi-Building Configuration
- Secured Site
- Iconic Downtown Presence
- Vertical Access & Infrastructure
- Strategic Location
Executive Summary
For the first time in three decades, Colliers International is pleased to present the opportunity to acquire Oak Park Tower, a well-known office asset located at the signalized corner of Oak Street and 21st Street in downtown Bakersfield. The 5 story Tower was originally constructed as a luxury apartment building, with two suites on each floor. The property eventually became a multi-tenant office building. Positioned on approximately 2.42 acres, the property consists of three buildings totaling ±34,361 square feet, offering a rare combination of scale, visibility, and flexible repositioning potential.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
49,311 SF
Building Class
B
Year Built
1970
Price
$3,950,000
Price Per SF
$80.10
Tenancy
Multiple
Building Height
5 Stories
Typical Floor Size
9,862 SF
Building FAR
0.47
Lot Size
2.42 AC
Parking
65 Spaces (1.53 Spaces per 1,000 SF Leased)
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Schwebel Petroleum Co Inc
- Wholesaler
- -
- -
- -
Local counseling service in Bakersfield, California serving the community since 1996.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Schwebel Petroleum Co Inc | Wholesaler | - | - | - | ||
| Stockdale Counseling And Psychological Service | Health Care and Social Assistance | - | - | - |
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Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 003-161-07-00-6 | Improvements Assessment | $1,320,992 |
| Land Assessment | $267,204 | Total Assessment | $1,588,196 |
Property Taxes
Parcel Number
003-161-07-00-6
Land Assessment
$267,204
Improvements Assessment
$1,320,992
Total Assessment
$1,588,196
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Oak Park Tower | 3200 21st St
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