Flex Space with Warehouse and
2222 S Chester Avenue Bakersfield, CA 93304
For Sale
Contact for pricing
Two retail suites plus an aluminum warehouse on a lot with ample parking and additional included parcels for expansion options.
Property Size3,677 SF
Lot Size0.59 Acres
Price / SF$149.55
Days on Market62
Property Features for 2222 S Chester Avenue
General Information
Standard status
Active
Size
3,677 SF
Lot size
0.59 Acres
Property subtype
Special Purpose
Building Details
Year Built
1960
Listing Agency:
Coldwell Banker Commercial Preferred, Realtors Bakersfield
Listed By:
Tony Gonzalez · License #CA
Source:
Crexi
Added: May 28
Changed: Jul 10
Last Checked: Jul 27 at 5:35PM
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 Commercial Preferred, Realtors Bakersfield
Investment Insights
Based on property information with market context.
The property at 2222 S Chester Ave is a mixed-use flex configuration featuring a 2,400 SF commercial building with two retail suites. In addition to the retail space, the offering includes a 1,277 SF aluminum warehouse suited for storage and operations or for possible separate use. The main site sits on a 25,700 SF lot with ample parking.
The sale also includes a separate commercial vacant lot measuring approximately 9,147 SF. Three additional R-1 residential lots are included as well: Lot 1 (15,028 SF), Lot 2 (7,405 SF), and Lot 3 (6,968 SF). This bundle of parcels provides added flexibility for an owner-operator or investor planning future development and portfolio diversification.
For tenants or owner-users, the layout supports businesses that want retail frontage with on-site warehouse capability for back-of-house needs. For investors, the combination of two retail suites, an independent warehouse structure, and included vacant and residential parcels can support multiple holding and utilization strategies, subject to applicable terms and approvals.
The sale also includes a separate commercial vacant lot measuring approximately 9,147 SF. Three additional R-1 residential lots are included as well: Lot 1 (15,028 SF), Lot 2 (7,405 SF), and Lot 3 (6,968 SF). This bundle of parcels provides added flexibility for an owner-operator or investor planning future development and portfolio diversification.
For tenants or owner-users, the layout supports businesses that want retail frontage with on-site warehouse capability for back-of-house needs. For investors, the combination of two retail suites, an independent warehouse structure, and included vacant and residential parcels can support multiple holding and utilization strategies, subject to applicable terms and approvals.
Key Highlights
- 2,400 SF commercial building with two retail suites for flexible business use
- 1,277 SF aluminum warehouse included for storage and operations
- 25,700 SF lot with ample parking
Financial Insights For Warehouse
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 | $57.4k | $15.60 |
| − Vacancy | −$3.7k | −$1.01 |
| EGI | $53.6k | $14.59 |
| − OpEx | −$8.0k | −$2.19 |
| NOI | $45.6k | $12.40 |
3,677 SF · lease $15.60/SF/yr · vacancy 6.50% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$651.3K
$569.9K – $759.8K
NOI $45,588 @ 7.0% cap · market cap 8.29%
Second Best
Industrial
$536.3K
$469.3K – $625.7K
NOI $37,543 @ 7.0% cap · market cap 6.83%
Theoretical Best
Office A
$975.8K
$853.8K – $1.14M
NOI $68,304 @ 7.0% cap · market cap 12.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Flex space - Two retail suites plus an aluminum warehouse on a lot with ample parking and additional included parcels for expansion options.
Where is this flex space located?
The property is located at 2222 S Chester Avenue 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: 2,400 SF commercial building with two retail suites for flexible business use; 1,277 SF aluminum warehouse included for storage and operations; 25,700 SF lot with ample parking
