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1001-1043 Stine Road

Bakersfield, CA 93309
  • $3,100,000
  • STATUS: Active
  • ON SITE: 31 Days
  • ID#: 202404796
UPDATED: 128 min ago
$3,100,000
  • 0
    BEDS
  • 2.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
52
Type:
Commercial
Built:
1986
County:
Area:
52

School Ratings & Info

Description

Presenting an exceptional investment opportunity, this expansive commercial property spans 15,142 rentable square feet across three separate buildings, nestled on a generous 2.14-acre lot. Hosting a diverse tenant mix of 11 businesses, including a church, real estate and general office spaces, as well as medical offices housing a dentist, ear doctor, and a security company, this property offers both stability and diversity in income streams. Boasting an R3 zoning and over 1.25 acres easily convertible to commercial use, this site holds immense potential for further development. Its gated access ensures security while the well-maintained premises provide an inviting environment. Prospective buyers are encouraged to check rental details and engage with the listing agent for comprehensive information, making this an enticing opportunity for those seeking both immediate returns and future growth potential.

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Information deemed reliable, but not guaranteed. Copyright Golden Empire MLS, Inc. 2024. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Infinity Real Estate Services or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2024-06-17T07:31:31.757.
www.kerncountyhouse.com/homes/150599620
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1001-1043 Stine Road Bakersfield, CA 93309

  • Price: $3,100,000
  • Status: Active
  • On Site: 31 Days
  • Updated: 128 min ago
  • ID#: 202404796
0
Beds
0
Baths
0
½ Baths
2.14
Acres
1986
Built
Neighborhood:
52
County:
Kern
Area:
52
Property Description
Presenting an exceptional investment opportunity, this expansive commercial property spans 15,142 rentable square feet across three separate buildings, nestled on a generous 2.14-acre lot. Hosting a diverse tenant mix of 11 businesses, including a church, real estate and general office spaces, as well as medical offices housing a dentist, ear doctor, and a security company, this property offers both stability and diversity in income streams. Boasting an R3 zoning and over 1.25 acres easily convertible to commercial use, this site holds immense potential for further development. Its gated access ensures security while the well-maintained premises provide an inviting environment. Prospective buyers are encouraged to check rental details and engage with the listing agent for comprehensive information, making this an enticing opportunity for those seeking both immediate returns and future growth potential.
Property Features

Annual Gross Income 241800.00 Annual Net Income 215000.00 Cap Rate 6.8 Commercial Type Commercial Current Use C-O Total Annual Expense 26745.00 Zone R3/C-O/

Listing courtesy of Randy Soliman of Reside Real Estate: .


Information deemed reliable, but not guaranteed. Copyright Golden Empire MLS, Inc. 2024. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Infinity Real Estate Services or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2024-06-17T07:31:31.757.
 
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Infinity Real Estate Services
900 Truxtun Avenue Suite #230
Bakersfield CA, 93301