302 Mt Vernon Ave.

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302 Mt Vernon Ave.

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

What's Special

302 Mt Vernon Avenue is situated in an established industrial corridor in East Bakersfield, California. The property is positioned near the intersection of Mt Vernon Avenue and East California Avenue, offering immediate access to State Route 58 and proximity to the Golden State Highway (Highway 99). The surrounding neighborhood is characterized by a mix of heavy industrial operations, distribution centers, and local commercial services. Nearby amenities include various equipment supply stores, fuel stations, and regional transit links, facilitating efficient logistical movement throughout Kern County. This industrial asset is well-suited for businesses specializing in regional distribution, light manufacturing, or construction services. The location’s zoning and configuration accommodate tenant profiles such as logistics providers, trade contractors, and automotive transit firms requiring central valley connectivity. With its proximity to major trucking routes and the local labor pool, the site provides a functional base for enterprises focused on warehousing or fleet storage.

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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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