1201 Baker Street, Bakersfield, CA 93305 | MLS SR24031231 | Listing Information | Kathleen Huse Top REALTOR Gualala Sea Ranch Mendocino Coastal Homes | Real Estate Expert Skip to main content
Kathleen Huse | REALTOR
(408) 313-5940    Login or Register
FOR SALE
$2,900,000

1201 Baker Street
Bakersfield, CA 93305    Directions

Retail, Business Opportunities
Residence
11,426
Sq. Ft.
1.3784
Acre Lot
Living Area Icon
11,426
Sq. Ft.
Lot Size Icon
1.3784
Acre Lot
Listing Agent: Kris Armand CalDRE: 00775942 - Foresight Rlty & Inv., 818-343-3300
Home> California> Bakersfield> 93305
A HUGE $300K PRICE REDUCTION. A Unique Property on a hard corner with access from all sides and drive-through facilities. Occupied by Bank of America, a single national credit tenant, for a very long time with multiple options to renew every five(5) years, the latest one of which was recently exercised on 5/31/2023 for another five(5) years. Tenant is on a NNN lease currently paying $133,303/year(4.60 Cap Rate) with future increases at each option renewal and with NO landlord responsibilities. The size and Unique configuration of this property offers a tremendous potential for future development upon expiration of Tenant's lease. Motivated Seller will entertain all reasonable offers. Full 2.5% commission to buyer's agent. Let's make it happen.
SR24031231
Commercial - Retail, Business Opportunities, 1 Story
1972
Kern
1.3784 Acres
Public
1
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Courtesy: Kris Armand, Foresight Rlty & Inv.
Agent Cell Phone: 818-340-8100
Agent License: 00775942 Office License: 00775942 Office Phone: 818-340-8100

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The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
Listing Agent: Kris Armand CalDRE: 00775942 - Foresight Rlty & Inv., 818-343-3300
crmls logo
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This content last refreshed on 4/27/2024 6:00 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.