Eagleson Body Works (Leasehold) 3 Properties Offered at $995,000 in Bakersfield, CA
INVESTMENT HIGHLIGHTS
- Auto body shop on C-2 zoned land
- 1517 25th Street includes a 13,216 SF building constructed in 2012 on 0.39 acres
- 2408 Eye Street is a fully improved parking lot on 0.19 acres
- Located contiguous to Adventist Health Bakersfield and Kaiser Permanente
- 2429 Chester Avenue is a fully improved and secured parking lot on 0.30 acres
EXECUTIVE SUMMARY
ASU Commercial is pleased to offer for sale the leasehold interest in three properties located at 1517 25th Street, 2408 Eye Street & 2429 Chester Avenue. The properties have been occupied by Eagleson Body Works and will be delivered vacant upon sale. The properties are subject to two ground leases with very reasonable rent that through existing firm term and tenant options allow control of the sites through 2060 and 2063.
The properties are located near Adventist Health Bakersfield Hospital as well as a three story Kaiser Permanente medical office building consisting of approximately 43,000 SF.
Additional Fee Simple Interest properties for sale across the street. 1516 25th Street and 2530 Eye Street, also long occupied by Eagleson Body Works and consisting of 13,403 square feet on 0.51 acres can be purchased along with 1517 25th Street, 2408 Eye Street & 2429 Chester Avenue.
The properties are located near Adventist Health Bakersfield Hospital as well as a three story Kaiser Permanente medical office building consisting of approximately 43,000 SF.
Additional Fee Simple Interest properties for sale across the street. 1516 25th Street and 2530 Eye Street, also long occupied by Eagleson Body Works and consisting of 13,403 square feet on 0.51 acres can be purchased along with 1517 25th Street, 2408 Eye Street & 2429 Chester Avenue.
PROPERTY FACTS
| Price | $995,000 |
| Price / SF | $356.38 / SF |
| Sale Condition | Ground Lease (Leasehold) |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 2,792 SF |
| Total Land Area | 0.88 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 2429 Chester Ave, Bakersfield, CA 93301 | Land | 0.30 AC | - | - |
| 1517 25th St, Bakersfield, CA 93301 | Land | 0.39 AC | - | - |
| 2408 Eye St, Bakersfield, CA 93301 | Retail | 2,792 SF | - | - |
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