141 N Chester Ave - Auto Dealership FOR SALE


Bakersfield, CA 93308- Oildale
$1,600,000 USD
818-631-7093
141 N Chester Ave, Bakersfield, CA for Sale
$1,600,000 USD
Auto Dealership - FOR SALE
1/25
null | Request Cap Rate

141 N Chester Ave
Bakersfield, CA 93308
Oildale


HIGHLIGHTS

  • **SBA Financing Available!!! 10% Down for Business Owners** (Occupy at least 51%) (Seller Financing May be Available Depending on Terms)
  • VERSATILE PROPERTY - WAREHOUSE AND RETAIL - LARGE PRIVATE YARD / ONSITE PARKING
  • **BUILD UP TO 61 UNITS WITH DENSITY BONUS** (Thru Conditional Use Permit)
  • 203 ft. of street frontage & Prominent Pylon signage on Corner Lot - Secured with a Rod Iron Gate and Concrete Block Wall
  • Three (3) phase power & One (1) Above-ground automotive lift
  • 2 Structures - 960 SF retail/office structure with 29 parking spaces (1 ADA) + 3,520 SF Metal Warehouse

OVERVIEW

141 N Chester Avenue is a diverse opportunity on a corner lot with a total of 4,480 square feet of Warehouse and Retail situated upon 1.71-acre lot (74,296 SF) of C-2 Zoned land by the Oildale area of Bakersfield, in Unincorporated Kern County. Formerly a used car dealership with an additional mechanic warehouse in the rear, the entire property is gated and secured, divided by a block wall with access between the two structures. This property is currently 100% vacant and can be either occupied by an owner/user, purchased by an investor or the entire property can redeveloped towards housing or a new commercial use. The site is only 4 miles south from the Meadows Field Bakersfield Airport and is along one of the main North to South Corridors (N Chester Ave). This property is located in an opportunity zone and is available for owner-users, investors and/or developers. C2 allows for R3 standards through C.U.P. BUILD UP TO 61 UNITS WITH A DENSITY BONUS. An owner/user can qualify for a 10% down payment thru the SBA. Seller Financing may be available depending on terms.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$357 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Dealership

ADD'L SUBTYPES

Auto Repair, Storefront Retail/Office, Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

45

LAND DETAILS

LAND ACRES

1.71 AC

LAND SF

74,488 SF

ZONING

C-2

APN/PARCEL ID

114-250-12-00-8

ASK ABOUT THIS PROPERTY

Marcos X. VillagomezNAI CapitalMore Info
818-631-7093

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Marcos X. VillagomezNAI CapitalMore Info
818-631-7093

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.