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    1917 N St Bakersfield, CA 93301

    Sponsored
    For Sale
    $3,500,000

    Prime 21,000 SF Office Building, Bakersfield CA

    Property size:
    21,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional three-story executive office building, located at 1917 N Street in Bakersfield, California, presents a unique investment opportunity. Boasting 21,000 square feet of space, the property is currently undergoing a complete remodel, promising a modern and updated workspace. Situated in the vibrant Eastchester development area of Downtown Bakersfield, this building benefits from a high daytime population, with over 25,287 employees within a one-mile radius. Its convenient location offers easy access to a variety of restaurants and services, enhancing the appeal for both employees and clients. The property's strategic placement within an Opportunity Zone adds further investment potential. The asking price is $3,500,000, translating to a price per square foot of $166.67. The property's Assessed Parcel Number (APN) is 005-281-06. This building is ideally suited for businesses seeking a prominent location in a thriving downtown area, offering both immediate functionality and long-term growth prospects. The property's proximity to establishments like Cafe Smitten, Dott & Ott, and 17th Street Lofts further underscores its desirability and potential for attracting high-quality tenants. This is a rare chance to acquire a substantial, well-located office building in a revitalizing urban core.

    Property Features for 1917 N St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    21,000 SF

    Building Details

    Stories
    3

    HighLights

    • Three‑story, 21,000 sq ft executive office building in Bakersfield, CA undergoing complete remodel.
    • Located in Downtown Bakersfield's Eastchester area, near high daytime population (25,287 employees within 1 mile).
    • $3,500,000 asking price ($166.67/sq ft).
    • Situated in an Opportunity Zone.
    • APN: 005‑281‑06.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Building Supply Nail Salon Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bakersfield
    County
    Kern
    State
    California
    Longitude
    -119.0143955
    Latitude
    35.3769036

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    FAQs

    What type of property is this?
    Office Property / Space - Prime 21,000 SF Office Building, Bakersfield CA
    Where is this office property / space located?
    The property is located at 1917 N St Bakersfield, CA.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: Three-story, 21,000 sq ft executive office building in Bakersfield, CA undergoing complete remodel.; Located in Downtown Bakersfield's Eastchester area, near high daytime population (25,287 employees within 1 mile).; $3,500,000 asking price ($166.67/sq ft).
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    1917 N St Bakersfield, CA 93301
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    Bakersfield, CA 93301
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1917 N St Bakersfield, CA 93301
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