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Property profile & analytics
FOR SALE
Office Spaces

1515 20Th St Bakersfield, CA 93301

9,687 SF
Property ID
US09-0380592
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office Spaces
Total area 9,687 SF
UPID US09-0380592
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Sentinel Engineering Telecommunications Service
  • Covered California Certified Agent Insurance Agency
  • Clifford & Bradford Insurance Agency Insurance Agency
  • WB Specialty Insurance Services Insurance Agency
  • Covered California Certified Agent - Lillian Collier Insurance Agency
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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