Description
Located right in the middle of Downtown, this building has a 7000+ SF first floor with 7000+ SF basement! (Over 14,000 total square feet!) Possibilities are endless, and this Location is one of the most central in Bakersfield. The current neighborhood is turning and you can see it with the Foxtail Lounge with block, Dagny's Coffee within 1 block, the Historic Fox Theater, Blue Oak Coffee, The 18Hundred, The Padre, and many more! Just blocks from Mercy Hospital and the street fairs held monthly in the Downtown Bakersfield. There is also easy access to the 178 and 99 Freeways which allows for easy travel just about anywhere you will need to go. Also located in an Opportunity Zone, this property may be able to defer your eligible capital gains. Market rents in the area are quoted to be around $19/SF/Year, which would be around $130-$135K/year income. There is previous fire damage in the unit next door which travelled to these two units as well.
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0BEDS
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0.16ACRES
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0BATHS
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01/2 BATHS
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7,005SQFT
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$69$/SQFT
School Ratings & Info
Description
Located right in the middle of Downtown, this building has a 7000+ SF first floor with 7000+ SF basement! (Over 14,000 total square feet!) Possibilities are endless, and this Location is one of the most central in Bakersfield. The current neighborhood is turning and you can see it with the Foxtail Lounge with block, Dagny's Coffee within 1 block, the Historic Fox Theater, Blue Oak Coffee, The 18Hundred, The Padre, and many more! Just blocks from Mercy Hospital and the street fairs held monthly in the Downtown Bakersfield. There is also easy access to the 178 and 99 Freeways which allows for easy travel just about anywhere you will need to go. Also located in an Opportunity Zone, this property may be able to defer your eligible capital gains. Market rents in the area are quoted to be around $19/SF/Year, which would be around $130-$135K/year income. There is previous fire damage in the unit next door which travelled to these two units as well.
Information deemed reliable, but not guaranteed. Copyright Golden Empire MLS, Inc. 2022. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Synergy Property Management or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2022-06-29T23:31:39.777.