Contacts
ASU Commercial
Property Details
- Property Type Office
- Property Size 9,330 SF
- Cap Rate % 7
- Additional Rent Contact for pricing
- # of Floors 3
- Parking Spaces Avail. 23
- Parking Ratio 2.47 / 1,000 SF
- Building Class B
- Year Renovated 2018
- Date Updated Dec 9, 2024
-Highly visible freestanding two-story office building fronting Chester Avenue between California Avenue and Truxtun Avenue.
-Ideal for Owner-Users or Investors: Bristol Hospice is a credit tenant with almost 2-years remaining on the lease at below market rents. Over 7% in-place CAP Rate.
-More than 37,00 AADT at the intersection of Chester Avenue and California Avenue.
-Flexible C-C (Commercial Center) zoning allows for many commercial, office and multi-family uses.
-Recently renovated in 2018. Elevator served and ADA compliant.
-Close proximity to Highway 58, 178, 99, and the Westside Parkway providing convenient access to all areas of Kern County
-Close proximity to Kern County Superior Court, Mechanics Bank Arena, Bakersfield City Hall, and many government offices and restaurants.
1227 Chester Avenue is a unique opportunity for an owner-user or investor to acquire a prominent, two-story freestanding office building with frontage on Chester Avenue near the highly trafficked intersection of Chester Avenue and California Avenue in the heart of Downtown Bakersfield. The building is elevator served, ADA compliant, and was recently renovated in 2018 for a new tenant, Bristol Hospice. Their term expires in March of 2024 and the contract rent is below market lease rates yet still offers an investor more than a 7% return in year one on in-place income with potential for upside. A new owner may choose to negotiate an early termination or re-lease the property to a new tenant upon their expiration. Flexible C-C (Commercial Center) zoning allows for many commercial, office and multi-family uses, and the property enjoys easy access to all areas of Kern County via Highway 58, 99, 178, and the Westside Parkway. Call 661-885-6949 for more information.
Reach out to the broker for more info on lease terms and amenities
Getting around
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85/100
Walk Score ®
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40/100
Transit Score ®
-
60/100
Bike Score ®
Location
- City Bakersfield, CA
- Neighborhood Riviera - Westchester
- Zip Code 93301
- Market Central Valley
Points of Interest
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Bakersfield
0.67 miles
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AMPM
0.90 miles
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Arco
1.09 miles
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Mobil
1.50 miles
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Bakersfield, CA - Camino Del Rio Ct Supercharger
1.85 miles
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Shell
1.95 miles
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Whitewater Carwash and Lube
4.09 miles
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Chevron
4.18 miles
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Xerox Employee Parking
1.57 miles
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Stockdale Road Park and Ride
1.62 miles
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Burger King Parking Lot
1.74 miles
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Los Hermanos Parking Lot
1.76 miles
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South West Parking Lot
3.57 miles
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Maintenance Parking
3.72 miles
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Guest Parking Lot
3.81 miles
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Stadium Parking Lot (Permit Required)
3.88 miles
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Staff Parking Only
4.05 miles
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North East Parking Lot (Permit Required)
4.10 miles
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Historic Downtowner Inn
0.04 miles
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Padre Hotel
0.46 miles
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Bakersfield Marriott at the Convention Center
0.48 miles
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Best Western Plus Hill House
0.64 miles
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Hampton
1.13 miles
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Travelodge
1.16 miles
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Red Roof Inn
1.16 miles
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Motel 6 Bakersfield, CA - Central
1.22 miles
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Quality Inn & Suites Near Downtown Bakersfield
1.23 miles
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Extended Stay America - Bakersfield - California Avenue
1.26 miles
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FoodMaxx
0.90 miles
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Albertsons
0.95 miles
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Smart & Final
1.46 miles
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Ross
1.73 miles
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Burlington
1.81 miles
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Stop & Shop Market
1.84 miles
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Food 4 Less
1.96 miles
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Macy's
2.26 miles
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Valley Plaza Mall
2.34 miles
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JCPenney
2.35 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
ASU Commercial
