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1401 Baker Street, Bakersfield, CA 93305

Commercial property · 3 recorded sales since 2015

1401 Baker Street, Bakersfield, CA 93305 Sold January 2016 CRMLS
$300,000Sold January 2016

Listing Agent: Sona Gallatin (DRE #01488764) · Listing Office: Keller Williams VIP Properties · Contact: 661-290-3700 · Bought with: Orlando Cruz · Brightstone Estate Properties · MLS #SR15230305 · Source: CRMLS

4,945
Building Sq Ft
6
Units
7.40%
Cap Rate
9,148 sqft
Lot Size
Commercial property
Type

About this commercial property

Bakersfield is the 3rd largest inland city in California, southern gateway to the Central Valley and one of the fastest growing cities in the nation. Due to its centralized location, Bakersfield has generated intense interest for its usefulness as a distribution/trucking/transportation facilities capital. The birthplace of the alt-country music genre, (The Bakersfield Sound) Bakersfield is the seat of Kern County, which generates 3/4ths of the state's oil supply and ranks 3rd among all counties in the United States in agriculture-production. Surrounded by I-5, Freeway 99 and Hwy 58, these major arterials make Bakersfield a prime location for big business and job growth, (Chevron, Big West Old Downtown Bakersfield has its own old-world charm especially in the Heritage Square area. The property at 1401 Baker St. is located directly across from the Library and Community Auditorium. Just across the street on the south corner is the Victorian Noriega Building Garden, well known as a wedding and photography venue. Freeway-close, yet quiet, this property is midway between downtown and East Bakersfield. Also listed as Residential Income Property MLS#SR15234326

Listing description from the January 2016 sale, as reported to CRMLS.

Sale history

$300,000
Sold January 2016 · listed $475,000, orig. $595,000, on market October 2015 · MLS #SR15230305 · Source: CRMLS
Listing Agent: Sona Gallatin · Listing Office: Keller Williams VIP Properties · Contact: 661-290-3700 · Bought with: Orlando Cruz · Brightstone Estate Properties
$300,000
Sold January 2016 · listed $475,000, orig. $595,000, on market October 2015 · MLS #SR15234326 · Source: CRMLS
Listing Agent: Sona Gallatin · Listing Office: Keller Williams VIP Properties · Contact: 661-290-3700 · Bought with: Orlando Cruz · Brightstone Estate Properties
$399,000
Sold February 2015 · listed $405,000, orig. $399,000, on market June 2014 · MLS #SC1049072 · Source: CRMLS
Listing Agent: Marilou Ward · Listing Office: Forward Real Estate · Contact: 661-735-4400 · Bought with: Non Member · Non-member Office
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