$2,000,000
Sqft: 1,911
Sqft lot: 23,521
Acre lot: 0.54
113 Days On Market

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

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.

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

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$2,000,000 - 123 E 18th Street, Bakersfield, CA 93305

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123 E 18th Street
Bakersfield, CA 93305
City: Bakersfield