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$575,000 Commercial Real Estate Oppurtunity (Bakersfield)

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Posted : Saturday, April 20, 2024 09:09 PM

126 North Chester Ave Bakersfield, Ca ***** Multiple Parcels, total .
86 ac of Prime C-2 Real Estate***** ** POTENTIAL CANNABIS SHOP ** ** POTENTIAL FOOD PARK ** **Sales Price: $575,000** **Seller Financing Available!** - **Entry Fee Includes Down Payment/Assignment Fee and Closing Costs :** $210,000 - **Payment Terms:** 30-year term, Due in 60 months, 10% Interest only payment, amortized over 30 years payment estimated to be $3,125.
00/m PARCEL 1 APN 119-110-13 **126 N Chester Property Features:** - **Total Area:** 2553 sqft - **Main Office:** 2553 sqft (Built in 1946) - **Square Footage Includes SFR :** 700 sqft (estimated) (Built in 1946) - **Zoning Type:** C-2/Lot Size 21,780 SF - **Land Use:** Store/Office/Mixed Use (Ideal for legal, insurance, real estate offices, etc.
) - **Property Type:** Store/Office/Mixed Use - **Building Style:** Single story ADDITIONAL PARCELS **** Parcels 2 APN 119-110-11 **** 3,920 SF Zoned C-2 **** Parcels 3 APN 119-110-12 **** 3,920 SF Zoned C-2 **** Parcels 4 APN 119-110-14**** 3,920 SF Zoned C-2 **** Parcels 5 APN 119-110-15 **** 3,920 SF Zoned C-2 **Investment Highlights:** - **Ready for Revamp:** Vacant and ready for renovation.
- **Strategic Location:** Ideal for office, food park, Cannabis Shop - **Sale Condition:** Offered as-is, property to be delivered with a clear title.
**CONTACT INFO:** Brandon Hardin, Disposition Manager Call show contact info for showings and inquiries.
**ADDITIONAL INFORMATION:** - **Escrow Company:** Ticor Title - **Fee Responsibility:** Buyer assumes all assignment fees and seller escrow fees.
- **Contract Terms:** Direct contract from Central Valley REI, ready for assignment to a qualified buyer.

• Phone : NA

• Location : Bakersfield,CA

• Post ID: 9029267227


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