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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 $66,782 $17.43
Other Income - -
Vacancy Loss - -
Effective Gross Income $66,782 $17.43
Taxes - -
Operating Expenses - -
Total Expenses $27,826 $7.26
Net Operating Income $38,956 $10.17

Financial Summary (Pro Forma - 2026)

Gross Rental Income (CAD)
Annual $66,782
Annual Per SF $17.43
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $66,782
Annual Per SF $17.43
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $27,826
Annual Per SF $7.26
Net Operating Income (CAD)
Annual $38,956
Annual Per SF $10.17

Property Facts

Price $939,051 CAD
Price Per SF $245.12 CAD
Sale Type Investment or Owner User
Cap Rate 6%
Sale Condition 1031 Exchange
Property Type Flex
Building Class C
Lot Size 0.24 AC
Rentable Building Area 3,831 SF
No. Stories 1
Year Built/Renovated 1937/2010
Zoning C2 - commercial

Amenities

  • 24 Hour Access
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
112-311-11-00-5
Land Assessment
$122,001 CAD (2025)
Improvements Assessment
$258,858 CAD (2025)
Total Assessment
$380,859 CAD (2025)
  • Listing ID: 39507566

  • Date on Market: 2026-02-20

  • Last Updated:

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

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