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Property profile & analytics
FOR LEASE
Strip malls

3301 Chester Ave Bakersfield, CA 93301

26,950 SF 1.12 ac lot Built 1985
Entity Owned 10-yr Hold ~ Est. High Equity
Property ID
US09-0082657
Property summary
AI-generated overview

The Ice House Center, a historic mixed-use property, presents a unique investment opportunity in Bakersfield, California. Situated at the highly visible, signalized intersection of 34th Street and Chester Avenue, just north of Garces Circle, this retail and office center offers excellent visibility and accessibility. The property boasts a total of 2,327 square feet of currently vacant space, ideal for a variety of businesses seeking a prominent location. Its multiple tenancy structure allows for flexibility and diverse occupancy. The Ice House Center benefits from its proximity to key community landmarks, including the Kern County Museum, Memorial Hospital, and Adventist Health Hospital, ensuring high foot traffic and a strong customer base. This established center provides a blend of historical charm and modern functionality, making it an attractive option for businesses seeking a unique and well-positioned space in a thriving Bakersfield neighborhood. The address is 3301 Chester Avenue, Bakersfield, CA 93301. The property's strategic location and significant vacant space present a compelling opportunity for immediate occupancy and potential for substantial return on investment.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1985
Construction WOOD
Total area 26,950 SF
Lot 1.12 ac (48,787 SF)
APN 002-271-02-00-6
UPID US09-0082657
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
  • Sizzler Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.29M
Owner & transaction history
Ice House Group LLC · 10 yrs held
Ice House Group LLC
since 2015
4 recorded transactions
2019
Price N/A
2015
Price N/A
2004
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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