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222 Minner Ave, Bakersfield, CA 93308 214 Minner Ave

2,500 SF Office Building Bakersfield, CA 93308 $588,250 CAD ($235 CAD/SF) 9.16% Cap Rate

Investment Highlights

  • • One main building with covered areas
  • • Recently used as a vehicle storage facility
  • • Situated in an Opportunity Zone, offering significant tax benefits for investors, including deferral of capital gains, step-up basis for gains held
  • • Convenient location with easy access to Highway 99
  • • Ideal for businesses needing space for vehicle storage, office, or retail

Executive Summary

Prime Commercial Opportunity in North Bakersfield – 2500 SF on 0.56 AC
For Sale or Lease
Attention Real Estate Investors and Owner-Users! This prime North Bakersfield property is now available for sale, offering 2,500 square feet of versatile space on a 0.56-acre lot. Located near N Chester and Norris Ave, and close to Standard Elementary School, this property is perfectly suited for a variety of uses such as office space, neighborhood retail, or vehicle storage.
Key Features:
• One main building with covered areas
• Convenient location with easy access to Highway 99
• Recently used as a vehicle storage facility
• Currently undergoing updates by the owner
• Ideal for businesses needing space for vehicle storage or retail
• Situated in an Opportunity Zone, offering significant tax benefits for investors, including deferral of capital gains, step-up basis for gains held over 5 years, and potential for permanent exclusion of new gains if held long term
This property is not just an investment in real estate, but in the future of North Bakersfield, located in a growing and economically vibrant area. Don’t miss your chance to own a property with strong potential for both short-term use and long-term gain.
Call or Text Sunny at 661-770-7382 or Email at sanjeev.advani@cushwake.com

Financial Summary (Pro forma - 2025)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $53,864 $21.55

Financial Summary (Pro forma - 2025)

Gross Rental Income (CAD)
Annual -
Annual Per SF -
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual -
Annual Per SF -
Net Operating Income (CAD)
Annual $53,864
Annual Per SF $21.55

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
2,500 SF
Building Class
B
Year Built/Renovated
1950/2024
Price
$588,250 CAD
Price Per SF
$235 CAD
Cap Rate
9.16%
NOI
$53,864 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,500 SF
Building FAR
0.10
Lot Size
0.56 AC
Opportunity Zone
Yes

Amenities

  • 24 Hour Access
  • Fenced Lot
  • Signage
  • Wheelchair Accessible
  • Reception
  • Storage Space
  • Common Parts WC Facilities
  • Demised WC facilities
  • Natural Light
  • Partitioned Offices
  • Secure Storage
  • Yard
  • Air Conditioning
Walk Score ®
Very Walkable (72)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 33550345

  • Date on Market: 2024-10-17

  • Last Updated:

  • Address: 214 Minner Ave, Bakersfield, CA 93308

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