217 Mt Vernon

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217 Mt Vernon

bakersfield, CA 93307
Asking Rate
Contact for rate
Asset Type
Industrial
Class
Class B

What's Special

217 Mt Vernon Avenue is situated in East Bakersfield, an established industrial and commercial corridor. The property offers direct frontage on a high-traffic arterial road, providing significant visibility. It is located less than two miles from State Route 58, facilitating efficient logistics and transit throughout the Central Valley and toward major Southern California markets. The surrounding neighborhood is characterized by a mix of heavy commercial businesses, retail centers, and residential pockets, with various dining and fuel amenities located within a short drive. This industrial asset is well-suited for regional distribution, light manufacturing, or wholesale trade operations. The location and zoning accommodate businesses requiring a balance of warehouse space and accessible storefront or showroom components. Typical tenants for this site include construction contractors, automotive repair services, and small-scale logistics firms looking for proximity to Bakersfield’s core infrastructure. The parcel's configuration supports frequent loading activities and on-site vehicle maneuvering for service-oriented enterprises.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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