0 Hosking Ave Bakersfield, CA 93307

This exceptional 12-acre property in Bakersfield, California, presents a unique investment opportunity. Located at the southwest corner of Hosking and South Union Avenues, this land boasts a highly desirable location approximately 1.2 miles east of Highway 99. The property is comprised of two distinct zoning classifications: approximately 8.14 acres zoned C-2 (commercial) and approximately 3.78 acres zoned R-3 (multifamily residential). This dual zoning allows for a diverse range of development possibilities, catering to both commercial and residential needs. There is existing interest from a convenience store and a major fast-food restaurant for portions of the commercially zoned land. The seller is open to considering the sale of the commercial portion separately. The property's APN is 517-020-11, and it's situated in Kern County, with a Bakersfield address on Hosking Avenue, zip code 93307. The asking price for the entire 12-acre parcel is $7,782,000. This signalized corner location offers excellent visibility and accessibility, making it an ideal site for a mixed-use development project. Serious inquiries are encouraged to explore the potential of this prime Bakersfield real estate. Further details regarding the separate sale of the commercial portion are available upon request.