Share This Listing

Message

960 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

1601 N Chester Ave 3,831 SF 5% Leased Flex Building Bakersfield, CA 93308 $923,865 CAD ($241.16 CAD/SF) 6% Cap Rate

Save this listing!

Favourite this listing to get notified of price updates, new media and more

Investment Highlights

  • Heavy traffic
  • Newly remodeled

Executive Summary

This highly visible 3,831 sq ft commercial building offers an exceptional opportunity for both owner-users and investors in a prime, high-traffic location. Formerly operated as a bank and most recently utilized as a fully built-out salon, the property features extensive existing improvements including stations for hair, nails, pedicures, and styling, with furniture and equipment available to remain for a turnkey salon operation. The building is thoughtfully partitioned into two separate units, allowing for flexible useone currently operating as the salon and the second can be utilized for just about any business operations. With excellent street exposure, strong daily traffic counts, and adaptable space, this property is ideal with C-2 zoning. Ready for immediate occupancy or income potential, this is a rare opportunity to secure prime commercial real estate in a high-demand corridor.

Financial Summary (Pro Forma - 2026)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $65,702 $17.15
Other Income - -
Vacancy Loss - -
Effective Gross Income $65,702 $17.15
Taxes - -
Operating Expenses - -
Total Expenses $27,376 $7.15
Net Operating Income $38,326 $10.00

Financial Summary (Pro Forma - 2026)

Gross Rental Income (CAD)
Annual $65,702
Annual Per SF $17.15
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $65,702
Annual Per SF $17.15
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $27,376
Annual Per SF $7.15
Net Operating Income (CAD)
Annual $38,326
Annual Per SF $10.00

Property Facts

Price $923,865 CAD
Price Per SF $241.16 CAD
Sale Type Investment or Owner User
Cap Rate 6%
Sale Condition 1031 Exchange
Property Type Flex
Lot Size 0.24 AC
Rentable Building Area 3,831 SF
No. Stories 1
Year Built/Renovated 1937/2010
Zoning C2
Walk Score®
Very Walkable (80)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 39507566

  • Date on Market: 2026-02-20

  • Last Updated:

  • Address: 1601 N Chester Ave, Bakersfield, CA 93308

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}