ASU Commercial is pleased to offer for sale the fee simple interest in 5151 Stockdale Highway in Bakersfield, CA. The property is a two-tenant office building partially occupied by Mechanics Bank, with a vacant portion consisting of approximately 5,980 square feet. The existing vacancy consists of approximately 54% of the… Read More building, well suited for an owner-occupant. The property is located within Bakersfield's southwest office submarket, and has a distinct retail presence with fantastic visibility and signage along a thoroughfare with heavy traffic volume. Mechanics Bank has a long-standing history at this location and this branch represents the largest deposits ($124mm) of any of Mechanics' Kern County branches. The mature submarket provides barrier to entry in the immediate area and the price is below replacement cost. Read Less
Courtesy of Matthew E Starr, ASU Commercial 152518219
Listing Snapshot
Days Online
5
Last Updated
Property Type
Commercial
Square Ft.
10,300
Lot Size
0.89 Acres
Year Built
1981
MLS Number
202411994
30 Days Snapshot Of 93309
$323k
-9%
(avg) sold price
27
-38%
homes sold
85
+30%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1981, 10,300 square feet
Property
Property type: Commercial / Ind., Property subtype: Commercial, Current use: Office and bank
Lot
0.89 acres, Lot is 38,768 square feet
Miscellaneous
Annual gross income: $0, Annual net income: $0, Total annual expense: $0
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
