805 Baker St Bakersfield, CA 93305-5212
This exceptional 1,307 square foot retail property at 805 Baker Street, Bakersfield, CA, presents a rare investment opportunity. Located in the vibrant heart of Old Town Kern, this family-owned building is available for the first time in decades. Benefitting from a highly desirable east-facing location, the property sits on a 0.04-acre lot amidst established and popular restaurants and businesses, ensuring high visibility and foot traffic. The interior boasts a spacious open layout perfect for various retail uses, featuring a welcoming reception area, practical pony walls and built-in shelving, a private office ideal for management or consultations, a secure walk-in vault, a convenient restroom, and ample storage space. The City of Bakersfield is actively engaged in revitalization plans for Old Town Kern, suggesting significant potential for future property value appreciation. This strategic location is further enhanced by the City's ownership of adjacent properties, indicating a commitment to the area's development. Note that an additional building is also available for purchase from the same sellers. This property offers a unique blend of established business presence and exciting future growth prospects, making it an ideal investment for discerning buyers. Security measures are in place
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
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.