919 N Chester Ave
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919 N Chester Ave
2,646 SF Retail Building Bakersfield, CA 93308 £216,975 (£82/SF) 8.90% Net Initial Yield
Investment Highlights
- 2,646 SF commercial property, offering flexibility for multiple uses.
- Close to Standard Elementary School, boosting foot traffic.
- Ideal for small business owners seeking to stop renting and own their space.
- Corner property on N Chester Ave, ensuring excellent visibility.
- Affordable price point for investors looking for a solid return.
- A basic rehab could significantly increase the property’s value and appeal.
Executive Summary
Prime Investment or Owner-User Opportunity on N Chester Avenue
Discover a versatile commercial property with incredible potential, ideally situated on a high-traffic corner at 919 N Chester Ave, Bakersfield. Spanning 2,646 SF, this property offers a blank canvas for investors or owner-users to bring their vision to life. With its motivated seller, additional land for expansion, and proximity to a school and public transit, this property is a rare find.
Whether you're an entrepreneur seeking to own your space and stop paying rent or an investor aiming to capitalize on its high visibility and income potential, this property delivers. The sale includes two additional lots priced at just $30,000 total, providing an excellent opportunity to add a mobile home or build a living unit for supplemental income.
Listed at $275,000 for the building alone, or $295,000 including the additional lots, this property is priced to move. The owner is open to all offers—don’t miss this chance to own a high-return property in a thriving location.
Discover a versatile commercial property with incredible potential, ideally situated on a high-traffic corner at 919 N Chester Ave, Bakersfield. Spanning 2,646 SF, this property offers a blank canvas for investors or owner-users to bring their vision to life. With its motivated seller, additional land for expansion, and proximity to a school and public transit, this property is a rare find.
Whether you're an entrepreneur seeking to own your space and stop paying rent or an investor aiming to capitalize on its high visibility and income potential, this property delivers. The sale includes two additional lots priced at just $30,000 total, providing an excellent opportunity to add a mobile home or build a living unit for supplemental income.
Listed at $275,000 for the building alone, or $295,000 including the additional lots, this property is priced to move. The owner is open to all offers—don’t miss this chance to own a high-return property in a thriving location.
Financial Summary (Pro forma - 2025) |
Annual | Annual Per SF |
---|---|---|
Gross Rental Income | £27,593 | £10.43 |
Other Income | - | - |
Vacancy Loss | £1,379 | £0.52 |
Effective Gross Income | £26,213 | £9.91 |
Taxes | - | - |
Operating Expenses | - | - |
Total Expenses | £1 | £0.00 |
Net Operating Income | £26,213 | £9.91 |
Financial Summary (Pro forma - 2025)
Gross Rental Income | |
---|---|
Annual | £27,593 |
Annual Per SF | £10.43 |
Other Income | |
---|---|
Annual | - |
Annual Per SF | - |
Vacancy Loss | |
---|---|
Annual | £1,379 |
Annual Per SF | £0.52 |
Effective Gross Income | |
---|---|
Annual | £26,213 |
Annual Per SF | £9.91 |
Taxes | |
---|---|
Annual | - |
Annual Per SF | - |
Operating Expenses | |
---|---|
Annual | - |
Annual Per SF | - |
Total Expenses | |
---|---|
Annual | £1 |
Annual Per SF | £0.00 |
Net Operating Income | |
---|---|
Annual | £26,213 |
Annual Per SF | £9.91 |
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Shell & Core
Property Type
Retail
Property Subtype
Building Size
2,646 SF
Year Built
1924
Price
£216,975
Price Per SF
£82
Net Initial Yield
8.90%
NOI
£19,311
Tenancy
Single
Number of Floors
1
Building FAR
1.00
Land Acres
0.06 AC
Opportunity Zone
Yes
Zoning
C2
Amenities
- 24 Hour Access
- Corner Lot
- Signage
- Signalised Intersection
- Tenant Controlled HVAC
- Air Conditioning
Walk Score ®
Very Walkable (70)
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919 N Chester Ave
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