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4000 San Dimas St 3,075 SF 100% Leased Retail Building Bakersfield, CA 93301 $600,000 ($195.12/SF) 6.33% Cap Rate



Executive Summary
Recently renovated and income-producing, this two-suite commercial building presents an excellent opportunity for investors or owner-users seeking flexibility and cash flow. The property is thoughtfully configured with two separate office suites, making it ideal for multiple tenants or an organization requiring distinct operational spaces. Both suites benefit from recent upgrades, offering a clean, modern environment that appeals to a wide range of professional users. Currently generating $4,845 in monthly income, this asset provides immediate cash flow with upside potential through future rent adjustments or owner occupancy strategies. Whether you're looking to expand your portfolio or secure a property with built-in income and versatility, this offering checks all the boxes.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Building Size
3,075 SF
Building Class
C
Year Built
1980
Price
$600,000
Price Per SF
$195.12
Cap Rate
6.33%
NOI
$38,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Lot Size
0.35 AC
Opportunity Zone
Yes
Zoning
C-O - Commercial Office
Frontage
120’ on San Dimas Street
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 120-310-04-00-7 | Improvements Assessment | $423,199 |
| Land Assessment | $137,997 | Total Assessment | $561,196 |
Property Taxes
Parcel Number
120-310-04-00-7
Land Assessment
$137,997
Improvements Assessment
$423,199
Total Assessment
$561,196
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Presented by
Paramount Real Estate
4000 San Dimas St
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