1575 Olive Dr Bakersfield, CA 93308
- Commercial real estate
- 3,273 SF
- 0.73 lot acres
Current Use by Public Records
- Safe Haven Recovery II / Rehabilitation Center
Property Details for 1575 Olive Dr
- Year built
- 1954
- Lot size
- 0.73 lot acres
- Property size
- 3,273 SF
- Property type
- Commercial real estate
Description
This exceptional 3,273 square foot commercial property sits on a 0.73-acre corner lot at 1575 Olive Drive in Bakersfield, California. Its prime M-2 zoning allows for a variety of commercial or industrial uses, making it an ideal investment opportunity. The property benefits from its high-traffic location and convenient access to Highway 99, ensuring excellent visibility and accessibility. Currently, the property includes two residences, previously operating as a licensed recovery home with a capacity for 18 clients. This existing infrastructure presents a unique advantage, offering potential for continued use in a similar capacity or adaptable conversion to suit a new business venture. The substantial lot size provides ample space for expansion, additional buildings, or outdoor operations. The property's strategic location and versatile zoning make it a compelling prospect for entrepreneurs and investors seeking a high-impact commercial space in a thriving Bakersfield location. The asking price is $1,050,000. Serious inquiries are encouraged.
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
- -119.052
- Latitude
- 35.41206
