Address
1706 Chester Avenue Bakersfield, CA
Price
$ 5,500,000
Property Attributes
  • MLS#202105156
  • TypeContingent
  • CountyKERN
  • CityBakersfield
  • Area10
  • Zip93301
  • StyleCommercial
  • Price$ 5,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage72577
  • Lot Size1.19 Acres
Listing Provided Courtesy Of:
Golden Valley RealEstate Group
Data Source:
Bakersfield MLS (BKMLS) - 311 - CA
Property Description

Golden Valley Real Estate Group is pleased to present this opportunity to own a 122,469 SF historic landmark building in Downtown Bakersfield. Built by and named after former Mayor George Haberfelde, this authentic building contains 5 stories of mixed use office and retail spaces in the heart of Bakersfield, one of the fastest growing cities in California. The building houses longtime popular local retail tenants on the ground floor and office spaces on the remaining floors, as well as a residential apartment unit on the rooftop that could be repurposed by a keen developer. 98 units on 3 parcels totaling 122,469 SF building size. Built in 1926, this historic building is primed for redevelopment by a new owner looking to add value and increase yields on their investment and/or an owner/user who can occupy the top floor overlooking downtown Bakersfield. The property is located in close proximity to the north and south bound 99 freeway and east and west bound 58 freeway

Price History
5/18/2021 Listed $7,900,000
8/10/2021 31% - $5,500,000

Exterior Features

Lot Size Acres 1.1900

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Contingent Average in 93301

Price
AVG $1.46M
$5.5M
Visits
AVG 12
9
Year Built
AVG 1941
1926
Walkscore
AVG 77
78
Data Provided by Walkscore ® not using MLS data

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