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$ 2,475,000
Est. payment | /mo
31,789 SqFt
$ 2,475,000
Est. payment | /mo
31,789 SqFt
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 31,789 sqft
Price per Sqft $77
MLS Listing ID 202606070
Year Built 1969
Lot Size 5.320 Acres
Acres 5.32
Property Sub-Type Commercial
Property Description
ASU Commercial is pleased to present for sale 2525 North Chester Avenue, a single-story office building located in the North Bakersfield/Oildale submarket. The property is currently leased through June of 2027 to the County of Kern. The tenant will vacate upon lease expiration presenting the opportunity for a user to purchase an office asset at well below replacement cost. The projected net income of $320,000 from July 1, 2026 through the end of the tenant's lease term will allow a buyer to receive substantial income while planning their use of the property.
Location
State CA
County Kern
Area 22
Zoning C-O
Listed by Matthew E Starr • ASU Commercial
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "