MLS# 202400786 - 123 E 18th Street, Bakersfield, CA 93305
Courtesy of Peter Peralta, Miramar International-Riverwalk 209000154
Status:
Activeundercontract
Property Type:
Commercial
Year Built:
1935
Days On Website:
113
Property Details for 123 E 18th Street, Bakersfield, CA 93305
Description
Introducing a One-of-a-kind Commercial Opportunity That's Sure to Impress! Nestled in the Heart of Bakersfield, this investment opportunity features several buildings one of which is occupied by Los Tacos De Huicho. This Well-established Restaurant Has Earned Its Reputation as a Go-to Destination for Locals and Visitors Alike, they are a stabilized long term tenant. The Restaurant leases the building for $6500 p/m. Also Featured on the Property is a Large 2 Story Building with Store Frontage and an Attached Steel Arch Quonset Hut With a Power Rolling Steel Door, Making It Perfect for Manufacturing, storage Space and/or Banquet Hall for Events, all situated on a large lot.The Front Part of This Property Features 2 Floors, With Office Suites, Making It an Ideal Investment for Entrepreneurs and Business Owners Alike. First floor rents for $1875 p/m, 2nd floor rents for $1500 p/m, Q-hut rents for $2100 p/m and the house rents for $650 p/m for a total of $12,625 p/m and $151,500 p/y.
Open House
Features
Building
- Built in 1935
- 1,911 square feet
Location
- City: Bakersfield
- ZIP code: 93305
- Area: 41
- County: Kern
Property
- Property type: Commercial / Ind.
- Property subtype: Commercial
- Current use: Restaurant, Office,retail, Manufacturing
Lot
- 0.54 acres
- Lot is 23,521 square feet
Miscellaneous
- Annual gross income: $151,500
- Annual net income: $113,625
- Total annual expense: $31,980
Property Map
Map View
$2,000,000 - 123 E 18th Street, Bakersfield, CA 93305
Street View
Directions
123 E 18th Street
Bakersfield, CA 93305
City: Bakersfield