$456,578
$500,000
8.7%For more information regarding the value of a property, please contact us for a free consultation.
4,970 SqFt
SOLD DATE : 09/03/2024
Key Details
Sold Price $456,578
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 4,970 sqft
Price per Sqft $91
MLS Listing ID 202405542
Sold Date 09/03/24
Year Built 2002
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type Commercial
Property Description
Excellent location near Hwy 178 and Oswell Country Club Shopping Center has a good Tenant mix. Some of the Tenants are Farmers Insurance, Honey I'm Home, Tashes & Glam, Jiffy Lube, a Tire store and more. Both 3793 and 3797 are Leased to Potters House Christian Fellowship. The Tenant pays for PG&E and Janitorial. The Lessor pays Property Taxes, Insurance, & Owners Association Fees. The Lessee is paying $4,000 per month until 1-1-2025 when they have a 1 year option to extend at $5,000 per month until 1-1-2026 when they have an option to extend at $5,750 per month until 1-1-2027 when they have an option to extend at $6,500 per month until 12/31/2027 when the Lease terminates. The operating income is based on projected 2025.
Location
State CA
County Kern
Area 32
Zoning C-2 Heavy Light to Commercial uses.
Exterior
Present Use Church
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Bought with John W Willingham • New Concept Realty, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
josh.gregoriorealestategroup@gmail.com
3400 Calloway Dr Suite 700, Bakersfield, California, 93312, USA