House Description

This offering includes the leasehold interest in three properties located at 1517 25th Street, 2408 Eye Street & 2429 Chester Avenue. The properties have been occupied by Eagleson Body Works and will be delivered vacant upon sale. The properties are subject to two ground leases with very reasonable rent that through existing firm term and tenant options allow control of the sites through 2060 and 2063. The properties are located near Adventist Health Bakersfield Hospital as well as a three story Kaiser Permanente medical office building consisting of approximately 43,000 SF. Additional Fee Simple Interest properties for sale across the street. 1516 25th Street and 2530 Eye Street, also long occupied by Eagleson Body Works and consisting of 13,403 square feet on 0.51 acres can be purchased along with 1517 25th Street, 2408 Eye Street & 2429 Chester Avenue.

Highlights

Listed by Matthew E Starr , 8625454 ASU Commercial , 8625454. Bakersfield Association of Realtors

Property Type

Commercial Sale

Lot/Acreage

0.37

Year Built

2012

County

Kern

Area

Listing ID

202511237

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Payment Breakdown

Principal Interest

$5,019

Taxes

$634

Home Price

$995,000

Home Price

Loan Details

30 yrs

6.477%

Interest Rate

Loan Type

Down Payment

20%

$199,000

Down Payment

Down Payment %

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Monthly Price:

$5,019.23

Principal

Taxes