High-Visibility Bakersfield Commercial
2222 S Chester Ave, Bakersfield, CA 93304
For Sale
$549,900
Commercial property with retail suites, warehouse, and development potential.
Property Size2,400 SF
Lot Size0.59 Acres
Price / SF$229.13
Days on Market290
Property Features for 2222 S Chester Ave
General Information
Standard status
Size
Lot size
Listing Agency:
Coldwell Banker Preferred, REALTORS
(661) 616-3600
Listed By:
Antonio Gonzalez
(661) 889-2933
Source:
Exprealty
Added: Jan 26
Changed: Aug 8
Last Checked: Jul 26 at 4:21AM
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 Coldwell Banker Preferred, REALTORS
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Investment Insights
Based on property information with market context.
This commercial property is located in a high-visibility area of Bakersfield. It features an approximately 2,400 sq. ft. building containing two retail suites, suitable for various businesses or investment approaches. An additional 1,277 sq. ft. aluminum warehouse provides flexibility for storage, operations, or rental income. The property includes three vacant lots at the rear, which could be used for homes or rezoned into a parking yard. Situated on a 1.48-acre lot, the property offers ample parking and room for future development or expansion. This property is suitable for establishing a business or for investors seeking income and long-term growth.
Key Highlights
- High‑visibility location in Bakersfield.
- Generous 1.48‑acre lot with abundant parking and room for expansion.
- 2,400 sq. ft. building with two retail suites**, suitable for various businesses.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,755
Cap Rate
5.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$595,100
$595.1K
Cap Rate 7%
$425,071
$425.1K
Cap Rate 9%
$330,611
$330.6K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$37.4K $15.60/SF
− Vacancy
−$2.4K −$1.01/SF
EGI
$35.0K $14.59/SF
− OpEx
−$5.3K −$2.19/SF
NOI
$29.8K $12.40/SF
Area
Bakersfield, CA
Vacancy
6.50%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$595,100
Cap Rate 7%
$425,071
Cap Rate 9%
$330,611
Alternative Uses
Best Use
Warehouse
$425.1K
$371.9K – $495.9K
NOI $29,755 @ 7.0% cap · market cap 5.41%
Second Best
Industrial
$350.1K
$306.3K – $408.4K
NOI $24,504 @ 7.0% cap · market cap 4.46%
Theoretical Best
Office A
$636.9K
$557.3K – $743.0K
NOI $44,582 @ 7.0% cap · market cap 8.11%
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
Location Intelligence
Trade Area within ½ mile
515
Businesses Nearby
Explore this area
Business Placement
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
$228,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Retail space in Bakersfield, CA
Properties on Market for Retail space in Bakersfield
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Retail space - Commercial property with retail suites, warehouse, and development potential.
Where is this retail space located?
The property is located at 2222 S Chester Ave Bakersfield, CA.
What is the asking price?
The asking price for this property is $549,900.
What are key features of this property?
This property features: High‑visibility location in Bakersfield.; Generous 1.48‑acre lot with abundant parking and room for expansion.; 2,400 sq. ft. building with two retail suites**, suitable for various businesses.
