Retail Storefront
108 N Chester Ave Bakersfield, CA 93304
For Sale
$375,000
Retail storefront building on a high-traffic street, with interior and exterior painting completed a few years ago.
Property Size1,932 SF
Price / SF$194.10
Days on Market172
Property Features for 108 N Chester Ave
General Information
- Standard status
- Active
- Size
- 1,932 SF
Listing Agency:
Miramar International Calloway
(661) 322-7000
Listed By:
Tony Ayon
Source:
Exprealty
Added: Feb 2
Changed: Jul 23
Last Checked: Jul 23 at 4:14PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Miramar International Calloway
Investment Insights
Based on property information with market context.
This retail storefront building is described as having been painted inside and out a few years ago, with refreshed exterior and interior presentation. The offering is for a commercial building suitable for retail-focused occupancy.
The property is situated on a high-traffic street, supporting visibility and convenient walk-up access for customers along the corridor.
The building is presented for sale, with a total property size of 1,932 square feet as provided in the listing details.
The property is situated on a high-traffic street, supporting visibility and convenient walk-up access for customers along the corridor.
The building is presented for sale, with a total property size of 1,932 square feet as provided in the listing details.
Key Highlights
- Commercial retail storefront building on a high‑traffic street
- Interior and exterior painting completed a few years ago
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $27.8k | $14.40 |
| − Vacancy | −$1.4k | −$0.72 |
| EGI | $26.4k | $13.68 |
| − OpEx | −$7.9k | −$4.10 |
| NOI | $18.5k | $9.58 |
1,932 SF · lease $14.40/SF/yr · vacancy 5.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$264.3K
$231.3K – $308.4K
NOI $18,501 @ 7.0% cap · market cap 4.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$512.7K
$448.6K – $598.2K
NOI $35,889 @ 7.0% cap · market cap 9.57%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Kern River Power ...
(Bike/Boat/Book/etc) Store
Stihl
General Contractor
Similar Off Market Nearby
- Kim's Flowers & Gift shop in Bakersfield — 403 N Chester Ave, Bakersfield, CA 93308
FAQs
What type of property is this?
Storefront property - Retail storefront building on a high-traffic street, with interior and exterior painting completed a few years ago.
Where is this storefront property located?
The property is located at 108 N Chester Ave Bakersfield, CA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Commercial retail storefront building on a high‑traffic street; Interior and exterior painting completed a few years ago
