1326 H StBakersfield, CA 93301

This exceptional investment opportunity presents a Class B, 8,104-square-foot multi-tenant office building located at 1326 H St, Bakersfield, CA 93301. The property boasts a prime central location within Kern County and is currently 42% occupied by four long-term tenants, presenting a significant value-add opportunity for a savvy investor. The building features 25 onsite parking spaces, a significant amenity in a busy urban area. The property is zoned CC and operates under a gross lease structure with a 3% annual rent bump provision, ensuring consistent income growth. The asking price is $799,000, translating to a price per square foot of $98.59. This represents a compelling entry point into the Bakersfield commercial real estate market. The building's existing tenancy provides immediate cash flow, while the substantial vacancy allows for future rent increases and potential lease-up of the remaining space. This property is ideal for an investor seeking a stable income stream with significant upside potential through lease-up and value-add improvements. The building's central location and ample parking make it an attractive option for a wide range of tenants. This is a rare opportunity to acquire a well-located, multi-tenant office building in a growing market.