1515 20Th St Bakersfield, CA 93301
For Sale
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This exceptional creative office building, located at 1515 20th Street in downtown Bakersfield, California, presents a unique investment opportunity. The property encompasses approximately 9,687 square feet and is situated on a prominent corner lot at the southwest intersection of Eye Street and 20th Street. The asking price is $1,250,000, translating to $129.04 per square foot. This two-story building includes a basement and offers a desirable location west of Chester Avenue. Its central downtown Bakersfield location provides easy access to a variety of amenities, including numerous restaurants, hotels, and retail services, all within walking distance. A significant advantage is the inclusion of an adjacent private parking lot, adding approximately 4,791 square feet of valuable space. The property is zoned C-B (Central Business District), reflecting its prime location and potential for diverse uses. This single-unit building represents a compelling opportunity for investors seeking a well-located, established commercial property in a thriving urban core. The property's size, location, and included parking make it an attractive option for a variety of businesses. The building's solid construction and desirable location contribute to its strong investment potential. This is a rare opportunity to acquire a substantial office building in the heart of Bakersfield's downtown area.
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Sentinel Engineering Telecommunications Service
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Covered California Certified Agent Insurance Agency
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Clifford & Bradford Insurance Agency Insurance Agency
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WB Specialty Insurance Services Insurance Agency
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Covered California Certified Agent - Lillian Collier Insurance Agency
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.