1 Old Town Kern Com. Portfolio Bakersfield, CA 93305
- Commercial real estate
- 2,125 SF
- 0.39 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1 Old Town Kern Com. Portfolio
- Year built
- 1908
- Lot size
- 0.39 lot acres
- Property size
- 2,125 SF
- Property type
- Commercial real estate
Description
This exceptional commercial real estate offering presents a unique investment opportunity in Bakersfield's vibrant Old Town Kern district. The portfolio comprises a thriving 2,125 square foot commercial building situated on a 0.39-acre lot, strategically located at 809 Baker Street. The building currently houses a well-established, long-term tenant—a popular family-owned restaurant—demonstrating consistent occupancy and income potential. The restaurant features a spacious dining area, a fully equipped kitchen, a convenient bar, ample basement storage, and secure rear alley access. Adding significant value to this portfolio are two adjacent, south-facing M-1 zoned lots totaling 0.39 acres located at 426 E 18th Street and 600 Tulare Street. These parcels offer considerable development potential, especially given the City of Bakersfield's ongoing revitalization plans for Old Town Kern. The property's prime location, surrounded by thriving businesses and restaurants, ensures high visibility and accessibility. The City's ownership of adjacent property further underscores the area's potential for growth and future development. This is a rare chance to acquire a well-established income-producing property with significant upside potential in a rapidly developing area. The asking price for this entire portfolio is $567,900. Please schedule a private showing to explore this exciting investment opportunity. Do not disturb the tenant.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Bakersfield
- County
- Kern
- State
- California
- Longitude
- -119.132
- Latitude
- 35.3733