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Mixed-Use Commercial Portfolio
For Sale
$1,500,000

1440 2nd, Bakersfield, CA 93304

Commercial Sale, Bakersfield, CA

Property Size7,340 SF
Price / SF$204.36
Days on Market94

Property Features for 1440 2nd

General Information

Property type Commercial Sale
Property subtype Other
Directions GPS
Subdivision BKSF - Bakersfield
Standard status Active
APN 01026026005

Additional Details

Real Estate Included Yes
Mixed-Use Components retail, automotive service

Building Details

Year built 1959
Buildings 4
Listing Agency: Coldwell Banker Platinum Prop · Coldwell Banker Real Estate
Listed By: Lynn Wong · License #01452331
Added: Aug 3 Changed: Nov 2 Last Checked: Nov 4 at 10:06AM
MLS# OC26169538

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This Bakersfield portfolio brings together four commercial properties at 200 Chester Ave, 208 Chester Ave, 216 Chester Ave, and 1440 2nd St. The sites include retail and mixed-use commercial space alongside automotive service uses, with approximately 7,340 SF of improvements across more than 32,000 SF of land. All four properties are being offered together.

The portfolio is near Downtown Bakersfield and has access to Highway 99 and major commercial corridors.

Key Highlights

  • Four commercial properties offered together at 200 Chester Ave, 208 Chester Ave, 216 Chester Ave, and 1440 2nd St
  • Approximately 7,340 SF of improvements
  • More than 32,000 SF of land

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$92,154
Cap Rate
6.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,843,080 $1.8M
Cap Rate 7%
$1,316,486 $1.3M
Cap Rate 9%
$1,023,933 $1.0M
Market Conditions
NOI Build-Up for 7,340 SF
Gross rent
$158.5K $21.60/SF
− Vacancy
−$11.1K −$1.51/SF
EGI
$147.4K $20.09/SF
− OpEx
−$55.3K −$7.53/SF
NOI
$92.2K $12.56/SF
Area
Bakersfield, CA
Vacancy
7.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,843,080
Cap Rate 7%
$1,316,486
Cap Rate 9%
$1,023,933

Alternative Uses

Best Use
Mixed Use
$1.32M
$1.15M – $1.54M (±1% cap)
NOI $92,154 @ 7.0% cap · market cap 6.14%
Second Best
Industrial
$1.07M
$936.8K – $1.25M (±1% cap)
NOI $74,943 @ 7.0% cap · market cap 5.00%
Theoretical Best
Office A
$1.95M
$1.70M – $2.27M (±1% cap)
NOI $136,348 @ 7.0% cap · market cap 9.09%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Vazquez Transmission Auto Repair Shop

Suggested Use

Top Pick Electrical Service Bakery (Bike/Boat/Book/etc) Store Travel Agency HVAC Service Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

877
Businesses Nearby
180k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 47% Shops & Services 25% Groceries 21% Apparel 5%
Albertsons Groceries
38,300 visits/mo 0.1 miles
McDonald's Dining
35,372 visits/mo 0.3 miles
Dutch Bros. Coffee Dining
18,578 visits/mo 0.3 miles
ARCO Shops & Services
14,050 visits/mo 0.3 miles
Panda Express Dining
13,299 visits/mo 0.2 miles

Demographics for 93304, CA

50,837
Population
16,380
Households
3.1
Avg Household Size
31
Median Age
11%
College-Educated
71%
High-School Grad
7.5 sq mi
ZIP Area
6,778
Density / Sq Mi
$51,627
Median Household Income
$31,562
Median Earnings
$1,141
Median Rent
$228,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Bakersfield, CA

8.3% 2019
6.7% 2020
6.3% 2021
5.1% 2022
5.2% 2023
6.2% 2024
7.2% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Four properties combine retail, mixed-use commercial space, and automotive service uses in one offering.
Where is this mixed-use property located?
The property is located at 1440 2nd Bakersfield, CA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Four commercial properties offered together at 200 Chester Ave, 208 Chester Ave, 216 Chester Ave, and 1440 2nd St; Approximately 7,340 SF of improvements; More than 32,000 SF of land
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Includes: Price & PSF · Cap rate · Location · Zoning

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