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
81
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
$340k
+14%
(avg) sold price
21
+23%
homes sold
73
+23%
(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
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