9517 Rosedale HwyBakersfield, CA 93312

Property Details for 9517 Rosedale Hwy

Year built

1977

Construction

WOOD

Lot size

0.23 AC

Property size (Sq ft)

3,056 SF

Zone code

C2

Property type

Retail properties

Property subtype

Banks

APN

368-111-22-00-4

APU

36811122004

Description

This exceptional opportunity presents the chance to acquire a well-established smoke shop in Bakersfield, CA. Located at 9517 Rosedale Hwy, this 3,056 square foot retail space sits on a 10,018 square foot lot and benefits from high visibility and significant foot traffic due to its position on a major arterial route. The business boasts a spacious interior, ample customer parking, and a strong reputation within the community, ensuring a smooth transition for a new owner. The property is zoned C2 and includes modern amenities, creating a welcoming environment for customers and staff. The asking price is $125,000, translating to $40.90 per square foot. This turnkey operation offers a loyal customer base and strong brand recognition, making it an ideal investment for an entrepreneur seeking a profitable and established business. The single-story building provides ample space for product displays and flexible layouts to meet the needs of a growing business. This is a rare opportunity to own a successful, established business in a prime Bakersfield location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,281,276

  6.5%

  $1,182,716

  7%

  $1,098,236

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,464,445

  Geo Method

  $1,464,445

• Alternative Use

  Use

  Valuation

  Residential

  $997,665

  Hospitality

  $913,856

  Educational

  $760,317

  Medical

  $786,466

  Retail

  $1,182,716

Location Insight

City

Bakersfield

County

Kern

State

California

Latitude

35.3831

Longitude

-119.108

CBSA code

12540

CBSA name

BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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