Multi-Building Flex
2305 Chester Avenue, Bakersfield, CA 93301
For Sale
$1,025,000
Commercial Sale, Bakersfield, CA
Property Size9,150 SF
Lot Size0.21 Acres
Price / SF$112.02
Days on Market137
Property Features for 2305 Chester Avenue
General Information
Property type
Property subtype
Zoning description
Subdivision
Standard status
APN
Size
Lot size
Additional Details
Mixed-Use Components
Property Use
Building Details
Year built
Buildings
Listing Agency:
Watson Realty
(661) 327-5161
Listed By:
Carlos Padilla · License #01487576
(661) 859-5762
Added: Jun 24
Changed: Oct 24
Last Checked: Nov 7 at 3:06PM
MLS# 202600117
Copyright © 2026 Golden Empire MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This flex-space property totals approximately 9,150 square feet in two distinct buildings. One structure provides a retail storefront, while the other is configured as a shop and warehouse, creating physical separation between customer-facing and operational areas. The property includes a 79-panel, fully paid solar system and 200-amp, 220-volt electrical service. C2 zoning supports a range of commercial formats identified for the property, including retail, restaurants, cafes, and offices.
Located at 2305 Chester Avenue in Bakersfield, the asset fronts a major commercial corridor and occupies a 0.21-acre site. Built in 1929, the multi-building layout provides separate functional areas within a single commercial property.
Located at 2305 Chester Avenue in Bakersfield, the asset fronts a major commercial corridor and occupies a 0.21-acre site. Built in 1929, the multi-building layout provides separate functional areas within a single commercial property.
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
Estimated NOI and Cap Rate
NOI / Yr
$93,423
Cap Rate
9.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,868,460
$1.9M
Cap Rate 7%
$1,334,614
$1.3M
Cap Rate 9%
$1,038,033
$1.0M
Market Conditions
NOI Build-Up for 9,150 SF
Gross rent
$142.7K $15.60/SF
− Vacancy
−$9.3K −$1.01/SF
EGI
$133.5K $14.59/SF
− OpEx
−$40.0K −$4.38/SF
NOI
$93.4K $10.21/SF
Area
Bakersfield, CA
Vacancy
6.50%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,868,460
Cap Rate 7%
$1,334,614
Cap Rate 9%
$1,038,033
Alternative Uses
Best Use
Warehouse
$1.62M
$1.42M – $1.89M
NOI $113,443 @ 7.0% cap · market cap 11.07%
Second Best
Industrial
$1.33M
$1.17M – $1.56M
NOI $93,423 @ 7.0% cap · market cap 9.11%
Theoretical Best
Office A
$2.43M
$2.12M – $2.83M
NOI $169,970 @ 7.0% cap · market cap 16.58%
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
4,406
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
$264,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Flex space in Bakersfield, CA
Properties on Market for Flex space in Bakersfield
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- KVS SOUTHERN STYLE BARBEQUE — 1831 Chester Ave, Bakersfield, CA 93301
- Los Tlaxcaltecas Food Truck — 1020 18th St, Bakersfield, CA 93301
- Curtis' Catering Affairs — 916 18th St, Bakersfield, CA 93301
- Mariscos El Guero Loko — 2229 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 - C2-zoned property combines a retail storefront with a separate shop and warehouse building.
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
