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919 N Chester Ave 2,646 SF Retail Building Bakersfield, CA 93308 $199,000 ($75.21/SF) 13.16% Cap Rate



Investment Highlights
- Property sold well below replacement cost
- Higher than market cap rate
- Signalized intersection
Executive Summary
Prime Investment or Owner-User Opportunity on N Chester Avenue Unleash the potential of this high-visibility 2,646 SF commercial property at 919 N Chester Ave, Bakersfield. Perfect for investors or owner-users, it sits on a bustling corner near a school and public transit, with additional land for expansion. Priced at $199,000 for the building with two extra lots, this property offers flexibility for added incomebuild a unit or place a mobile home. With a motivated seller and endless possibilities, this is your chance to stop renting, invest smartly, or both. Open to all offers, so act now to secure this rare opportunity in a thriving area!
Financial Summary (Pro Forma - 2026) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$34,927
|
$13.20
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$1,746
|
$0.66
|
| Effective Gross Income |
$33,181
|
$12.54
|
| Taxes |
$2,488
|
$0.94
|
| Operating Expenses |
$8,731
|
$3.30
|
| Total Expenses |
$11,219
|
$4.24
|
| Net Operating Income |
$21,962
|
$8.30
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income | |
|---|---|
| Annual | $34,927 |
| Annual Per SF | $13.20 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | $1,746 |
| Annual Per SF | $0.66 |
| Effective Gross Income | |
|---|---|
| Annual | $33,181 |
| Annual Per SF | $12.54 |
| Taxes | |
|---|---|
| Annual | $2,488 |
| Annual Per SF | $0.94 |
| Operating Expenses | |
|---|---|
| Annual | $8,731 |
| Annual Per SF | $3.30 |
| Total Expenses | |
|---|---|
| Annual | $11,219 |
| Annual Per SF | $4.24 |
| Net Operating Income | |
|---|---|
| Annual | $21,962 |
| Annual Per SF | $8.30 |
Property Facts In Escrow
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
2,646 SF
Building Class
C
Year Built
1924
Price
$199,000
Price Per SF
$75.21
Cap Rate
13.16%
NOI
$26,195
Tenancy
Single
Building Height
1 Story
Building FAR
1.00
Lot Size
0.06 AC
Opportunity Zone
Yes
Zoning
C2
Amenities
- 24 Hour Access
- Corner Lot
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
- Air Conditioning
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 113-262-12-00-8 | Total Assessment | $126,485 (2025) |
| Land Assessment | $19,355 (2025) | Annual Taxes | $2,488 ($0.94/SF) |
| Improvements Assessment | $107,130 (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
113-262-12-00-8
Land Assessment
$19,355 (2025)
Improvements Assessment
$107,130 (2025)
Total Assessment
$126,485 (2025)
Annual Taxes
$2,488 ($0.94/SF)
Tax Year
2026
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919 N Chester Ave
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