8302 Espresso Drive Bakersfield, CA ^$ 3,600,000

8302 Espresso Drive

^$ 3,600,000

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8302 Espresso Drive

Bakersfield, CA, 93312

^$ 3,600,000

Studio Baths0.0 Sq 12,632

Monthly Estimate*

^$ 23,927

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Studio

Commercial Property for sale in Bakersfield, CA

for $3,600,000. This 12,632 square foot building was built in 2006 on a lot size of 1.

ASU Commercial is pleased to offer for sale this fully leased multi-tenant office building located in a vibrant, highly desirable area of Northwest Bakersfield. The asset, originally constructed for an owner-user and maintained with Pride of Ownership, now offers investors' stabilized income in a proven, low vacancy submarket. Bakersfield continues to experience robust economic growth, driven by its diverse economy, favorable business climate, and strategic location within California's Central Valley. The city's expanding population and strong job market contribute to sustained demand for commercial real estate, making it an attractive investment destination for discerning investors.

Commercial Active

Price

^$ 3,600,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Commercial

Lot Size

Year Built

2006

Town/City

Bakersfield

County/Region

Kern

MLS | Web ID

202311078

Features

General

Year Built 2006

Neighborhood Calloway Country

Stories 0

Property SubType Commercial

County Kern

Net Operating Income 234609.72

Property Type Commercial / Ind.

Close Price 0.00

Status Active

City Bakersfield

Zoning Description C-2 (Regional Commercial)

MLS Area 62

Lot Size Square Feet 43560.00

Street Name Espresso

Days on Market 217

Interior

Street Suffix Drive

Exterior

Lot Size Acres 1.0000

Lot Size Units SqFt

Lot Size Source (Public Record)

Internal Only

Street Number 1 8302

* Excluded Features

List By

Dylan J. Lym

Listing Agent

Asu Commercial

Broker

dylan@asuassociates.com

Affordability Calculator

$23,927

Per Month

Monthly Principal & Interest: $23,927
Monthly Property Taxes: --
Monthly Home Insurance: --

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Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Bakersfield, CA

Average List Price ^$1,207,780

Percent of Sale Price 66%

About Bakersfield, CA

383,374 Population

50% Since 2002

^$58,566 Median Income

32.94 Median Age

40% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1904930 Elementary School

1905132 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/25/2023	$3,600,000		Listed Price

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8302 Espresso Drive, Bakersfield, CA, 93312 is a Commercial Property for sale at $3,600,000 with 12,632 sqft and a lot size of 1. 8302 Espresso Drive is a studio with 0.0 baths and was built in 2006. The property's zip code is 93312 which is in Bakersfield, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this web site comes in part from the Golden Empire MLS IDX Database. Real estate listings held by brokerage firms other than Weichert Realtors include the name of the listing broker.

The information being provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information from Golden Empire MLS, Inc., as of 5/30/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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8302 Espresso Drive

Commercial Property for sale in Bakersfield, CA

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