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Investment Highlights
- Central Bakersfield location, west facing 2 story Commercial building, 1.03 acres w/80+ spaces, entrances on all sides, 3 staircases and 1 elevator
- Just minutes from downtown Bakersfield.
- Surrounded by commercial, industrial and residential properties.
- It has been a casino, restaurant and bar featuring live music, a party venue and most recently Club Cabana
Executive Summary
End of Year Dutch Auction! This property will be reduced by $100,000 every week; bring your offer now! One of the most iconic commercial buildings on Union Ave is now available; seller is also offering a valuable Type 47 Liquor License for purchase. This 14,475 sq ft. 2 story building on 1.03 acres is ready for a new owner with a vision. Centrally located just off of Hwy 58, approx. 5 minutes east of Hwy 99, minutes from downtown & surrounded by commercial, industrial & residential properties, this property has tons of potential. Entrances are located on Union Ave. & 3rd St. APN 13932124 is included providing a total of over 80 paved parking spaces. The building offers multiple open spacious areas, a kitchen w/walk in freezers, offices, storage spaces, restrooms, multiple entrances on all sides & an elevator for convenient access. Don't forget to ask about the Type 47 Liquor License. See the Marketing Catalogue & Video. Call right now!
Property Facts
| Price | $2,189,279 CAD | Rentable Building Area | 14,475 SF |
| Price Per SF | $151.25 CAD | No. Stories | 2 |
| Sale Type | Investment | Year Built | 1963 |
| Property Type | Flex | Tenancy | Single |
| Property Subtype | Light Distribution | Parking Ratio | 5.53/1,000 SF |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 1.03 AC | ||
| Zoning | C-2 - Commercial | ||
| Price | $2,189,279 CAD |
| Price Per SF | $151.25 CAD |
| Sale Type | Investment |
| Property Type | Flex |
| Property Subtype | Light Distribution |
| Building Class | C |
| Lot Size | 1.03 AC |
| Rentable Building Area | 14,475 SF |
| No. Stories | 2 |
| Year Built | 1963 |
| Tenancy | Single |
| Parking Ratio | 5.53/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | C-2 - Commercial |
Amenities
- Restaurant
- Signage
- Storage Space
- Air Conditioning
Utilities
- Lighting
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
Property Taxes
| Parcel Numbers | Improvements Assessment | $478,089 CAD | |
| Land Assessment | $334,763 CAD | Total Assessment | $812,852 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$334,763 CAD
Improvements Assessment
$478,089 CAD
Total Assessment
$812,852 CAD
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276 Union Ave
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