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Flex Space with Solar Power
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2305 Chester Avenue, Bakersfield, CA 93301

Two separate buildings combine storefront, shop, and warehouse functions under C2 zoning along a commercial corridor.

Property Size9,150 SF
Price / SF$112.02
Days on Market5

Property Features for 2305 Chester Avenue

General Information

Standard status Active
Size 9,150 SF
Property subtype Retail
Zoning C2

Warehouse & Industrial

Power 200 amps
Voltage 220 V

Building Details

Year Built 1929
Buildings 2
Stories 1
Units 2
Listing Agency: Watson Realty
Listed By: Carlos Padilla · License #01487576
Source: Crexi
Added: Jul 30 Changed: Aug 3 Last Checked: Aug 3 at 5:20AM

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 Watson Realty

Investment Insights

Based on property information with market context.

This flex-space property comprises approximately 9,150 square feet in two separate buildings. The configuration includes a retail storefront and a shop/warehouse structure, creating physical separation between customer-facing and service-oriented areas. A 79-panel, fully paid solar system and 200-amp, 220-volt electrical service are existing improvements. The property was built in 1929 and is zoned C2.

Located at 2305 Chester Avenue in Bakersfield, the asset fronts a major commercial corridor with strong street exposure. Its central Bakersfield setting and multi-building layout support a range of commercial occupancy configurations, including retail, restaurant, café, and office uses identified in the property information.

Key Highlights

  • Approximately 9,150 square feet across two separate buildings
  • 79‑panel, fully paid solar system
  • 200‑amp, 220‑volt electrical service

Financial Insights For Industrial

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 $142.7k $15.60
− Vacancy −$9.3k −$1.01
EGI $133.5k $14.59
− OpEx −$40.0k −$4.38
NOI $93.4k $10.21
9,150 SF · lease $15.60/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Warehouse
$1.62M
$1.42M – $1.89M (±1% cap)
NOI $113,443 @ 7.0% cap · market cap 11.07%
Second Best
Industrial
$1.33M
$1.17M – $1.56M (±1% cap)
NOI $93,423 @ 7.0% cap · market cap 9.11%
Theoretical Best
Office A
$2.43M
$2.12M – $2.83M (±1% cap)
NOI $169,970 @ 7.0% cap · market cap 16.58%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Quick Cash Pawn ... Discount Store

Suggested Use

Top Pick Storage Facility Garden Center (Bike/Boat/Book/etc) Store Veterinary Clinic Bakery Butcher

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

Location Intelligence

Trade Area within ½ mile

4,414
Businesses Nearby
Well-served
Demand for This Use

Demographics for 93301, CA

14,518
Population
6,202
Households
2.3
Avg Household Size
33
Median Age
20%
College-Educated
83%
High-School Grad
4.3 sq mi
ZIP Area
3,376
Density / Sq Mi
$40,725
Median Household Income
$36,623
Median Earnings
$1,129
Median Rent
$264,300
Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Mariscos El Guero Loko — 2229 Chester Ave, Bakersfield, CA 93301
  • Curtis' Catering Affairs — 916 18th St, Bakersfield, CA 93301
  • Los Tlaxcaltecas Food Truck — 1020 18th St, Bakersfield, CA 93301
  • KVS SOUTHERN STYLE BARBEQUE — 1831 Chester Ave, Bakersfield, CA 93301
  • J’S Mobile Auto Repair — 1330 25th St, Bakersfield, CA 93301

Frequently Asked Questions

What type of property is this?
Flex space - Two separate buildings combine storefront, shop, and warehouse functions under C2 zoning along a commercial corridor.
Where is this flex space located?
The property is located at 2305 Chester Avenue Bakersfield, CA.
What is the asking price?
The asking price for this property is $1,025,000.
What are key features of this property?
This property features: Approximately 9,150 square feet across two separate buildings; 79‑panel, fully paid solar system; 200‑amp, 220‑volt electrical service
(661) 859-5762 Call to check price and availability
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