PRICE REDUCED | 2105 24th St
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PRICE REDUCED 2105 24th St
7,783 SF 43% Leased Office Building Bakersfield, CA 93301 $1,395,000 ($179/SF)
Investment Highlights
- 25,000 +/- Traffic Count
Executive Summary
PRICE REDUCED - 2105 24th Street provides an opportunity for both owner-users and investors to acquire and multi-tenant office property priced well below replacement cost on one of Bakersfield's busiest streets. Existing main Tenant's lease expires 10/31/2024 and can be renegotiated by an investor OR an Owner-User can qualify for an SBA loan by stepping into 4,461 sf (57%) of the building. The remaining 3,322sf (42%) of office building space has been leased to long term existing tenants that are on flexible leases can provided a stable stream of income.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Office
Property Subtype
Building Size
7,783 SF
Building Class
C
Year Built
1970
Price
$1,395,000
Price Per SF
$179
Percent Leased
43%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
7,783 SF
Building FAR
0.41
Lot Size
0.44 AC
Zoning
C-O
Parking
22 Spaces (2.83 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
1 of 1
Walk Score ®
Very Walkable (83)
PROPERTY TAXES
Parcel Number | 003-102-03-00-3 | Improvements Assessment | $711,009 |
Land Assessment | $403,259 | Total Assessment | $1,114,268 |
PROPERTY TAXES
Parcel Number
003-102-03-00-3
Land Assessment
$403,259
Improvements Assessment
$711,009
Total Assessment
$1,114,268
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PRICE REDUCED | 2105 24th St
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