Downtown Office-Retail Specialty
3401 Chester Avenue Bakersfield, CA 93301
3401 Chester Avenue, Bakersfield, CA, 93301
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For Sale
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Specialty center with three buildings totaling about 22,527 rentable square feet on a 1.78-acre lot at Chester Avenue and 34th Street.
Property Size22,527 SF
Lot Size1.78 Acres
Days on Market102
Property Features for 3401 Chester Avenue
General Information
- Standard status
- Active
- Size
- 22,527 SF
- Lot size
- 1.78 Acres
- Property subtype
- Retail, Office
Listing agency
Sprague Real Estate Group
Listed by
Derek Sprague · License #CA 01476480
Source
Crexi
Added: Apr 11 Updated: Jul 21 at 1:35AM Checked: Jul 21 at 5:46AM
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 Sprague Real Estate Group
Investment Insights
Based on property information with market context.
The Ice House is a mixed office and retail specialty center featuring iconic wood beam and brick architecture. The site is improved with three buildings totaling approximately 22,527 square feet of rentable space on an approximately 1.78-acre lot.
Located in Downtown Bakersfield, The Ice House sits at the signalized intersection of Chester Avenue and 34th Street. The property is less than a mile from Memorial Hospital, San Joaquin Community Hospital, and The Kern County Museum, and it is also near other downtown amenities.
The property is generating a 6.5% capitalization rate based on 2018 actual financials, with estimates indicating an 8% capitalization rate based on 2019 projected financials. The site is located within a federal opportunity zone, potentially creating tax benefits.
Located in Downtown Bakersfield, The Ice House sits at the signalized intersection of Chester Avenue and 34th Street. The property is less than a mile from Memorial Hospital, San Joaquin Community Hospital, and The Kern County Museum, and it is also near other downtown amenities.
The property is generating a 6.5% capitalization rate based on 2018 actual financials, with estimates indicating an 8% capitalization rate based on 2019 projected financials. The site is located within a federal opportunity zone, potentially creating tax benefits.
Key Highlights
- Office and retail specialty center at the signalized intersection of Chester Avenue and 34th Street in downtown Bakersfield.
- Three buildings totaling approximately 22,527 sq ft of rentable space on an approximately 1.78‑acre lot.
- Site is generating a 6.5% capitalization rate based on 2018 actual financials.
Property Analytics
Location Intelligence
Current Use by Public Records
Third Energy Tattoo ...
Tattoo & Piercing Shop
tattooed by bo
Tattoo & Piercing Shop
Vanity Beauty Bar
Hair Salon
Realty Dimensions INC
Real Estate Agency
LOYALTY TAX & BOOKKEEPING ...
Accounting Firm
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FAQs
What type of property is this?
Office building - Specialty center with three buildings totaling about 22,527 rentable square feet on a 1.78-acre lot at Chester Avenue and 34th Street.
Where is this office building located?
The property is located at 3401 Chester Avenue Bakersfield, CA.
What are key features of this property?
This property features: Office and retail specialty center at the signalized intersection of Chester Avenue and 34th Street in downtown Bakersfield.; Three buildings totaling approximately 22,527 sq ft of rentable space on an approximately 1.78‑acre lot.; Site is generating a 6.5% capitalization rate based on 2018 actual financials.
